Cross-border yuan usage jumps 20% in Jan-Sept on capital market opening - central banker
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SHANGHAI (Reuters) - Cross-border usage of China's yuan currency exceeded 14 trillion yuan ($2 trillion) during the January-September period, up 20% from a year earlier, a central bank official said on Wednesday.About 6 trillion yuan of cross-border yuan payment was for securities investment, thanks to China's accelerated opening of its capital markets, Huo Yingli, director of macroprudential policy bureau at the People's Bank of China told a conference in Shanghai. She added that..