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PBOC signs MOUs with National Bank of Cambodia

By Zhou Lanxu | chinadaily.com.cn | Updated: 2023-11-21 20:41

This undated file photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Photo / Xinhua)

The People's Bank of China, the country's central bank, signed a memorandum of understanding with the National Bank of Cambodia on Tuesday to establish renminbi clearing arrangements in Cambodia.

The two central banks also signed another memorandum of understanding on the cooperation in financial innovation and payment systems, the PBOC said in a statement.

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