Renminbi

BELGRADE - The National Bank of Serbia (NBS) included on Monday the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market as "Chinese yuan renminbi".

The Chinese currency has the standard code CNY and numerical designation 156.

The U.S. dollar, which rapidly strengthened in 2014, shook the world's several local currencies, strong or weak, last year. Many local currencies lost value against the dollar. The euro, especially in the second half of 2014, was seriously shaken, but nevertheless, its annual average value in 2014 was the same as its average annual value in 2013.

Central bank introduces yuan to domestic forex market

BELGRADE -- The National Bank of Serbia (NBS) has included the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market.

BELGRADE - The National Bank of Serbia (NBS) Executive Board decided on Thursday to include the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market.

China has decided to grant foreign companies a better and easier access to its telecommunications market, in a bid to make another small step toward opening its economy.

Enterprises registered in the experimental Shanghai Free Trade Zone (FTZ) will be able to invest in projects involving "value-added services" in telecoms industry.