Saturday 28 November 2015
Chinese yuan

DGCX to launch Chinese Yuan futures in December

The Dubai Gold and Commodities Exchange (DGCX) is slated to launch Chinese Yuan futures, scheduled for December 18, subject to regulatory approvals. The new launch is part of DGCX’s efforts to make the Yuan accessible to reg


StanChart eyes London yuan market share

Standard Chartered Bank plans to offer preferential interest rates and waive clearing fees as part of its strategy to win market share for the growing yuan business in London. StanChart said on Monday it will cooperate with Agricu


BankMuscat to offer Yuan payments

BankMuscat, a leading financial services provider in Oman, said it has signed a strategic pact with Bank of China to offer payments in Chinese currency Yuan. With this tieup, BankMuscat becomes the first Omani bank to enable payments in th

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