RMB to be 3rd largest int'l currency by 2020: report
The Chinese currency renminbi(RMB), or yuan will become the world's third largest currency after the U.S.dollar and Euro by.
RMB developing quickly as major world currency
The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday.
Highlights
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Top 5 offshore renminbi investments
Yuan-denominated green bond debuts in London
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German bank KfW issues first Renminbi bond in Frankfurt
Currency goes global with offshore yuan index
China approves 41 bln USD in RQFII quotas
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