Fijian governor hails launch of renminbi currency exchange

barry-whiteside

The governor of the Reserve Bank of Fiji hailed the launch of a new renminbi trading platform in the island nation in a speech delivered on Monday, February 25.

Barry Whiteside pointed out that the trading platform being set up by the Fijian operation of ANZ bank, which is now Fiji's biggest bank by market share, will have a number of benefits, including opening the possibility of the renminbi joining the currency basket to which the Fiji dollar is pegged.

China has recently dislodged Japan as

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