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Home>Use of China's Yuan as Global Payment Currency Falls

Use of China's Yuan as Global Payment Currency Falls

3party Content

Mon, 30 Mar 2015

By Anjani Trivedi China suffered a second setback in as many weeks in its drive to boost the use of its currency abroad, even as the country steps up efforts to open up its capital account. The use of the Chinese yuan as a currency for world payments fell two places to seventh in February, with a
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