Bank of Thailand has been studying the barriers to yuan-baht payments and plans to reduce these barriers this year.
May 18, 2023Special organisations will be created to mine crypto and process payments for cross-border export and import deals.
April 21, 2023The RBI is also engaged in discussions with several other countries on the possibility of conducting trade in the rupee.
April 18, 2023A paperless live shipment from Singapore to Thailand was successfully conducted through collaboration between IMDA, ExxonMobil, VLK and Bunkerchain.
April 4, 2023China and Brazil will exchange renminbi and reals directly to settle trade and financial transactions.
April 3, 2023The RBI and CBUAE will conduct PoC and pilots on a bilateral bridge to facilitate cross-border CBDC transactions.
March 17, 2023Adverse findings under LBMA's incident review process can result in refiners being struck off the Good Delivery List.
March 14, 2023Banks are directed to prioritise the use of the yuan in cross-border trade, as well as in overseas investment and financing transactions.
January 17, 2023A WTO panel found that the US violated an obligation towards Hong Kong by giving it less favourable treatment than other WTO members.
December 23, 2022The arrangement will enable Chinese and Pakistani companies and FIs use RMB in cross-border transactions, thereby promoting trade and investment between the two countries.
November 3, 2022