央行：授权星展银行担任新加坡人民币清算行

Core Viewpoint - The People's Bank of China has authorized DBS Bank Ltd. to act as the Renminbi clearing bank in Singapore, as per the memorandum of cooperation with the Monetary Authority of Singapore [1][1]. Group 1 - The authorization of DBS Bank Ltd. signifies a strengthening of financial cooperation between China and Singapore [1]. - This move is part of broader efforts to enhance the use of Renminbi in international trade and finance [1].