Tuesday, September 10, 2013

Yuan seen taking fourth spot in global use by 2020





The yuan is expected to become the fourth most used currency in global trade by 2020, surpassing five currencies, including the Japanese yen, and underscoring China's rise as the world's second-largest economy and its determination to make its currency fully convertible.









via Business feed http://www.scmp.com/business/banking-finance/article/1307306/yuan-seen-taking-fourth-spot-global-use-2020

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