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View Full Version : Yuan Money Market Expands in Hong Kong as JPMorgan, ICBC Enter - Bloomberg



NewsWhore
04-02-2012, 01:50 AM
Yuan Money Market Expands in Hong Kong as JPMorgan, ICBC Enter (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEpkV9uvotfvBge9IfOZ3TGDRkstA&url=http://www.bloomberg.com/news/2012-04-02/yuan-money-market-expands-in-hong-kong-as-jpmorgan-icbc-enter.html)
Bloomberg
Yuan money markets are expanding in Hong Kong as more banks quote interbank interest rates for the currency, helping widen its use for trade and investment beyond China's borders. JPMorgan Chase & Co. (JPM), ICBC (Asia) Ltd., Bank of Communications ...

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