mar 26, 2014 - Chancellor welcomes landmark agreement on London Renminbi clearing and settlement arrangements
Description:
Bank of England and Peoples Bank of China agree to sign a memorandum of understanding on RMB clearing and settlement in London
A London Clearing House to support the clearing and settlement infrastructure in HK, efficient transfer of funds in Western time zone
Added to timeline:
RMB internationalisation
Dissertation timeline
Date:
