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Central banks up reserves of RMB to a high


Central banks up reserves of RMB to a high
By CHEN JIA |
China Daily |
Updated: 2021-07-02 08:12
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5-year record shows Chinese yuan s internationalization progressing well
Central banks around the world are holding record levels of reserves in Chinese yuan, according to IMF data.
Analysts said the current five-year high marks another step forward for the Chinese currency s internationalization, a process that began a few years back.
In the first quarter this year, various central banks held $287.46 billion worth of Chinese RMB in official foreign exchange reserves, the highest level since the fourth quarter of 2016 and representing 2.45 percent of the total, the International Monetary Fund reported on Wednesday. ....

Lu Ting , United Kingdom , Zhang Ming , Serkan Arslanalp , Balance Of Payments Division , International Monetary Fund , Fitch Ratings , Statistics Department , Chinese Academy Of Social Sciences , Currency Composition Of Official Foreign Exchange , Special Drawing Rights , Official Foreign Exchange Reserves , Chinese Academy , Social Sciences , Payments Division , லு டிங் , ஒன்றுபட்டது கிஂக்டம் , ஜாங் மிங் , சமநிலை ஆஃப் கொடுப்பனவுகள் பிரிவு , சர்வதேச பண நிதி , ஃபிட்ச் ரேடிஂக்ஸ் , புள்ளிவிவரங்கள் துறை , சீன கலைக்கழகம் ஆஃப் சமூக அறிவியல் , நாணய கலவை ஆஃப் அதிகாரி வெளிநாட்டு பரிமாற்றம் , சிறப்பு வரைதல் உரிமைகள் , அதிகாரி வெளிநாட்டு பரிமாற்றம் இருப்புக்கள் ,

Central banks up reserves of RMB to a high


Central banks up reserves of RMB to a high
1
2021-07-02 08:56:22China Daily
Editor : Mo Hong e
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A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. (Photo/China News Service)
5-year record shows Chinese yuan s internationalization progressing well
Central banks around the world are holding record levels of reserves in Chinese yuan, according to IMF data.
Analysts said the current five-year high marks another step forward for the Chinese currency s internationalization, a process that began a few years back.
In the first quarter this year, various central banks held $287.46 billion worth of Chinese RMB in official foreign exchange reserves, the highest level since the fourth quarter of 2016 and representing 2.45 percent of the total, the International Monetary Fund reported on Wednesday. ....

Lu Ting , United Kingdom , Zhang Ming , Serkan Arslanalp , Balance Of Payments Division , Photo China News Service , International Monetary Fund , Fitch Ratings , Statistics Department , Chinese Academy Of Social Sciences , Currency Composition Of Official Foreign Exchange , China News Service , Special Drawing Rights , Official Foreign Exchange Reserves , Chinese Academy , Social Sciences , Payments Division , லு டிங் , ஒன்றுபட்டது கிஂக்டம் , ஜாங் மிங் , சமநிலை ஆஃப் கொடுப்பனவுகள் பிரிவு , புகைப்படம் சீனா செய்தி சேவை , சர்வதேச பண நிதி , ஃபிட்ச் ரேடிஂக்ஸ் , புள்ளிவிவரங்கள் துறை , சீன கலைக்கழகம் ஆஃப் சமூக அறிவியல் ,

Apple Looking into Crypto Job Posting Confirms - Time to Invest in Bitcoin?


Last Updated: 27 May 2021
Apple has listed a new job posting stating that it is looking to hire a business development manager with experience in the crypto sector. The new manager will head the firm’s alternative payments partnership program.
The job posting also stated that the candidate needed to have at least a decade of experience in the sector and more than six years working in business development for a financial services firm.
Launching an Alternative Payments Division
The interesting part of the posting is that the individual needed more than five years of experience working with alternative payment providers. However, this was not a confirmation of what Apple was planning to do, but it was an indication that the tech giant may be looking into cryptocurrencies. ....

Jennifer Bailey , Payments Division , Alternative Payments , Apple Pay , ஜெனிபர் பெய்லி , கொடுப்பனவுகள் பிரிவு , மாற்று கொடுப்பனவுகள் , ஆப்பிள் செலுத்த ,