The diversification of renminbi-dominated financial infrastructures in the country will support trade, investment and financial flows with China according to Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz.
Now, Zeti said the usage of renminbi in Malaysia has grown rapidly, with the daily size of renminbi foreign exchange volume at 6.7bil renminbi.
“And Malaysian entities with large regional network should consider using Malaysia as the centre for their regional renminbi transactions.
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Now, Zeti said the usage of renminbi in Malaysia has grown rapidly, with the daily size of renminbi foreign exchange volume at 6.7bil renminbi.
“And Malaysian entities with large regional network should consider using Malaysia as the centre for their regional renminbi transactions.
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