Valspar incorporates RMB into its global notional cash pool

Valspar has added renminbi to its global cash pool currencies through a dividend payment to its US headquarters and has future plans for the Shanghai free trade zone (FTZ).

By Dan Bland, Emma Bi

Mar 31, 2014

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American paint manufacturer Valspar has big plans to fully incorporate the renminbi into its global notional cash pool, a cash management solution that aggregates company account debits and credits without physically moving cash.

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