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Thanks lion. That being the case, HSBC ads offering CNY is incorrect then? CNY is only availabe in the Mainland Chinese market.
ReplyHow is it that HSBC is offering CNY currency but all other banks so far are offering CNH? What are the difference between the 2 apart from on/offshore?
ReplyHi Josh,
You can refer to this research report:
http://www.research.hsbc.com/midas/Res/RDV?ao=20&key=UHa14N6Tu3&n=282753.PDF
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