Taiwan central bank holding yuan as part of foreign exchange reserves

Taiwan’s central bank is holding Chinese yuan in its foreign exchange reserves portfolio, governor Perng Fai-nan said on Wednesday, in recognition of the growing globalisation of the yuan and importance of trade across the Taiwan Strait.

via Business feed http://www.scmp.com/business/banking-finance/article/1322833/taiwan-central-bank-holding-yuan-part-foreign-exchange