China to let yuan be traded against more currencies -PBOC

BEIJING, April 8 (Reuters) - China will allow the yuan to be traded against a wider variety of currencies in the onshore foreign exchange market, the central bank said in a report on Friday.

The yuan is currently tradable against seven currencies, including the U.S. dollar, the yen and the Russian rouble.

In a report reviewing financial market developments in 2010, the People's Bank of China also said that it would further open up the domestic bond market to foreign investors this year. (Reporting by Zhou Xin and Simon Rabinovitch; Editing by Jonathan Hopfner)