Thursday, 30 June 2011 12:45
Central Bank of Sri Lanka has decided to include the official currency of China “Renminbi” (Yuan) as a designated currency allowed for international transactions through banks in Sri Lanka.
Sri Lanka has a growing volume of trade and investment transactions with China, and the use of the Renminbi, in banking transactions would significantly facilitate such trade and investments.
The Renminbi, according to the Central Bank, has been gradually evolving as a globally acceptable currency due to China's extensive economic connections with many countries.
The other currencies in the designated list of the Central Bank of Sri Lanka are Australian Dollar, Canadian Dollar, Danish Kroner, Euro, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Norwegian Kroner, Pound Sterling, Singapore Dollar, Swedish Kroner, Swiss Franc, and United States Dollar.(niz).
My dear friends
In my client base in international, chineese guys contributed me 70%. If we bring those guys into this market. We can do a heaven this market. I will improve my chineese knowledge with in this year. I will bring these guys in next year. Someone say this may be a crazy idea. But now they have countless money with them. Great decision By government.