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Asian Development Bank to add RMB and INR currencies to its Trade Finance Programme
08/08/2014
The Asian Development Bank (ADB) has indicated that it will add the Chinese Renminbi (RMB) and the Indian Rupee (INR) currencies to its Trade Finance Programme (TFP) before the end of the year. Since its launch in 2009, the TFP has only covered transactions denominated in US Dollars, Euros and Japanese Yen.
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