Doing Business with China? Make RMB Payments the Easy Part 🇨🇳 | Extent Exchange
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Who loves a #HummingbirdHawkmoth? Was blessed to have a visit from one of these little splendid critters while listening to Aitch's #RMB on shuffle. I think it's dancing! #gardening #critters

A Rouen comme à Evreux, on a largement remanié les effectifs 🏀 #RMB #ALM #BasketElite2 #Normandie

The PBOC seems to have signaled a period of consolidation for the #RMB. In a statement following its quarterly meeting yesterday, the PBOC said it would “prevent the ‘herd effect’ and self-reinforcement of irrational expectations" in fx market.

6. IMF estimated #RMB undervaluation of as much as 20%. Some economists say more.
7. Still, given the 3m historic (actual) vol of 1.6%, seems strong signal.
8. If being done for political appearances, campaign should slow.
9. USD fix raised tomorrow ?

1. PBOC has fixed #USD lower for the past 10 sessions.
2. Little reaction by the Beltway.
3. Trump and Xi meet. FX does not seem on the agenda.
4. #RMB is one of the strongest currencies this year, despite the huge interest rate gap.
5. #RMB is up 4.3% ytd (cont)

Paying China Shouldn’t Need a 37-Step Method 😅 | RMB Made Simple with Extent Exchange
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Today’s China RMB Payments Are Complete ✅ Alipay, WeChat & Bank TT Extent Exchange
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China Never Sleeps — Neither Should Your RMB Payment Strategy 🌃🇨🇳 | Extent Exchange
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Business with China Moves Fast — Your RMB Payments Should Too 🇨🇳 Extent Exchange
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60+ RMB Payment Records from One Month | Alipay, WeChat & China Supplier Payments
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China RMB Payments Made Easier | Alipay, WeChat & Bank TT
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Dollar decline... Yuan ascendancy

"China says yuan’s global rise is ‘irreversible’ – and has a strategy to back it up

From bilateral swaps to keeping premier tech firms on mainland exchanges, Beijing details the blueprint to build a financial powerhouse"

#RMB #China #Tariffs #Trade #Finance […]