We would like to announce that all of our global clients can now open accounts in Chinese yuan. It is available for deposits, withdrawals and trading directly in CNY. China is now considered as the biggest holder of foreign exchange reserves in the world. The Red Dragon country is currently the world's fourth-largest economy and third-largest trading partner. China, in particular, is many Asian nations' main trade partner and has become an enormously relevant source of investment in the continent. Experts believe that the yuan's magnitude or share in the world's foreign currency reserves will increase this year, as sanctions between Russia and the West, as well as the subsequent financial upheaval, expose the risks of using the US dollar or the euro as reserve currencies.
We hope you will find CNY accounts useful!
