Roundup: Financial forums highlight expanding role of Chinese currency in Mideast markets


DUBAI, Nov. 14 (Xinhua) -- The internationalization of China's currency, the renminbi (RMB), took center stage in Dubai this week as regulators, bankers and business leaders from China and Arab countries gathered for two RMB-focused events in the United Arab Emirates (UAE).

At the RMB Cross-Border Usage and Bond Market Opportunities Forum, co-hosted by Bank of China and Nasdaq Dubai on Friday, Khalifa Rabba, chief operating officer of the Dubai Financial Market, highlighted that RMB internationalization has become one of the most significant trends shaping global markets.

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