April reduction of the international use of the yuan was marked the first time in two years

Date: 08:47, 09-06-2015.

Almaty. June 9. Silkroadnews - In April, for the first time in the last two years marked decreased in the use of the yuan in the international trading floors, reported TASS referring to the newspaper Shanghai Daily.
"Standard Chartered Bank has introduced its own index of globalization of "RMB" (the official name of the currency - Silkroadnews), which records the changes in assets denominated in RMB at the main exchanges. In April, the index decreased by 0.8%",- says the publication.
As noted, the Bank explains the reduction in the use of the yuan because of the slight weakening of the Chinese currency in the first quarter of 2015. However, Standard Chartered gives an optimistic outlook about the future prospects of "RMB".
"Analysts believe that the planned this year by the Chinese government financial reform, that provide greater opportunities for cross-trading between Shanghai and Hong Kong stock exchanges and the lifting of restrictions on investment abroad for individuals from mainland of China, will actively contribute to the further growth of interest in offshore yuan instruments",- said in a statement.

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