Topic
yuan-internationalization
1 stories related to this topic, newest first.
thehindu.comfinance12 days agoDeveloping
BHP Adopts Yuan-Denominated Index for Iron Ore Sales to Chinese Buyer
Australian mining company BHP has agreed to use a yuan-denominated index for iron ore pricing in a contract with China Mineral Resources Group. Analysts described this as the first incorporation of China's market data into iron ore pricing formulas. The deal follows a months-long…