--FILE--A Chinese clerk counts RMB (renminbi) yuan banknotes at a branch of ICBC (Industrial and Commercial Bank of China) in Huaibei city, east China
Image details
Contributor:
Imaginechina Limited / Alamy Stock PhotoImage ID:
W8BE8BFile size:
60.2 MB (1.4 MB Compressed download)Releases:
Model - no | Property - noDo I need a release?Dimensions:
5616 x 3744 px | 47.5 x 31.7 cm | 18.7 x 12.5 inches | 300dpiDate taken:
11 August 2015Photographer:
ImaginechinaMore information:
--FILE--A Chinese clerk counts RMB (renminbi) yuan banknotes at a branch of ICBC (Industrial and Commercial Bank of China) in Huaibei city, east China's Anhui province, 11 August 2015. China's state-owned commercial lenders have made strong progress in promoting renminbi internationalization, with the currency falling 5.6 percent against the US dollar in the past year. Industrial and Commercial Bank of China Ltd has issued its first renminbi-denominated certificate of deposit, allowing institutions to issue and clear financial products denominated in the Chinese currency in the US. The CD, valued at 500 million yuan ($76.3 million), has a 31-day maturity and allows US borrowers to issue renminbi-denominated securities for trading and settlement purposes.