Mainland trading in yuan now more open

Yuan trading on the mainland has become more transparent as the China Foreign Exchange Trade System (CFETS) makes real-time official data available to investors outside the country for the first time.

The launch of the data service today is the latest step towards the yuan's internationalisation.

The service, provided by Bloomberg, allows users access to live interbank pricing in the onshore yuan market from CFETS, a unit of the People's Bank of China.

via Business feed http://www.scmp.com/business/banking-finance/article/1093394/mainland-trading-yuan-now-more-open