OREANDA-NEWS. October 05, 2015. First Ukrainian International Bank (FUIB) has opened a correspondent account in the Chinese national currency – Yuan. This extends the capabilities of companies, trading with China, to manage their currency risks. According to the requirements of the National Bank of Ukraine, all exporters must sell their currency earnings within 3 working days. Due to currency fluctuations, many exporters lose part of their income. However, the requirements of the National Bank do not apply to export earnings received in the Chinese national currency – Yuan.
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