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Bank of China, CME to seek wider use of yuan

By Wang Xiaotian | China Daily | Updated: 2012-03-01 08:00

Bank of China, CME to seek wider use of yuan

A Bank of China Ltd office in Nanjing, Jiangsu province. The bank has strengthened strategic cooperation with CME Group Inc to explore the yuan-denominated settlement and clearance of commodities. Zhen Huai / For China Daily

Strategic tie-up provides for trading in contracts related to oil, grain, gold

Bank of China, CME to seek wider use of yuan

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