SINGAPORE Exchange (SGX) on Friday said it is developing its coordinated effort with the Bank of China (BOC) in developing the renminbi market. Through this, the accomplices will investigate more yuan-designated items, and improve the clearing and settlement administrations for China's cash. They will likewise take a gander at "more noteworthy access to development opportunities in China and Singapore markets, through joint showcasing".
The cooperation is an expansion of BOC and SGX's reminder of comprehension (MOU) that was initially marked in 2013.
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