Deutsche Bank discusses the RMB’s potential as a treasury management currency

Steps to liberalise the renminbi are gaining momentum. With the potential to transform global markets, the currency is fast positioning itself as a full treasury management currency. In gtnews, Joe Ng, Asia Pacific Head of Renminbi Payments Product Management, Global Transaction Banking at Deutsche Bank, explains how the speed of change means corporates must ensure they’re prepared internally for the currency’s upcoming role.

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