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Invoicing is up, but RMB volatility may shake appetite

SWIFT payment data shows renminbi use is on the up, while a Deutsche Bank survey indicates strong European SME interest. However, enthusiasm for renminbi from China-based suppliers may actually be waning.
Invoicing is up, but RMB volatility may shake appetite

Both SWIFT and Deutsche Bank released data last week in evidence that European treasurers are increasingly invoicing in renminbi when doing business with China.

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