Central Bank Issues Guidelines On The Use Of Chinese Currency In The Philippines

E3EFAAA3-CCE2-4D1F-8291-15D1DCF0CCA5.jpegMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – As reported by radyo.inquirer.net and retweeted by retired entertainer Jim Paredes, the Chinese currency, rinminbi, can now be used for transactions in the Philippines.

It was reported that this was among the many agreements signed by Philippine President Rodrigo Duterte and Chinese President Xi Jinping during the latter’s state visit to the country.

Today, Banko Sentral ng Pilipinas (Central Bank of the Philippines) issued preliminary guidelines on the use of Chinese currency in transactions within the country.

Initially, rinminbi can be used by local Filipinos to purchase the following items:

  • Siopao
  • Siomai
  • Hopia
  • Kikiam
  • Tikoy
  • Taho

The Central Bank said that more items will be added in the coming months.


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.