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China and Japan to start direct yen-yuan trade in June

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Tue, 29 May 12 1:21 PM | 178 view(s)
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28 May 2012 Updated at 23:52 ET

China and Japan to start direct yen-yuan trade in June

China has said it is looking to make its tightly controlled currency fully convertible

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China will allow direct trading of the yuan and the Japanese yen, in a move aimed at promoting trade between Asia's two biggest economies.

link-
http://www.bbc.co.uk/news/business-18245909




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