Yunnan bank offers direct Yuan-Baht exchange

Yunnan bank offers direct Yuan-Baht exchange

Fudian Bank which is a major commercial bank in Yunnan Province China has begun to offer direct currency exchanges between the Chinese Yuan and the Thai Baht. Tourism agencies have said that the demand for Thai Baht has dramatically increased recently. Each citizen will be allowed to trade US$ 50 000 worth of Yuan annually, and it is hoped that the move will stimulate tourism between Yunnan Province and Thailand. Since 2011 Fudian Bank has offered a direct exchange between the Chinese Yuan and Lao currency the Kip, and it is planning for similar arrangements with currencies from Vietnam, Myanmar and Cambodia. 

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