Macau: New RMB clearing hub
IFLR is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Macau: New RMB clearing hub

On March 7 2016, as China’s 2016 plenary sessions of the National People’s Congress and the National Committee of the Chinese People’s Political Consultative Conference were underway, the Monetary Authority of Macau (Autoridade Monetária e Cambial de Macau, or AMCM) communicated in a press release that, after 15 months of preparation, the Macau Renminbi Real Time Gross Settlements (RMB RTGS) System has officially been put into action

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login
Gift this article