During September R5 was greatly honoured to be included in the first issue of London RMB Business Quarterly, a publication jointly produced by the City of London and PBOC.
Two specific quotes of interest
1. During Q2 2018 CNH trading volumes averaged GBP 69 Billion – up 13.5% QoQ and 32.8% YoY.
2. By the end of June 2018, the total actual cross-border RMB settlement between China and the UK amounted to RMB 176.2 billion, an increase of 143% YoY.
To see the full report contact R5