
Automatic RMB cross-border sweeping set to go live
China's central bank is set to allow companies to sweep their renminbi in and out of the country as part of a new pilot programme, CT understands. The news coincides with more major developments for the currency.

China’s central bank is set to give to go ahead for the two-way cash sweeping of renminbi cross-border, previously never been conducted before from China.
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