Tuesday, December 1, 2015

Chinese Yuan is now a Reserve Currency

http://geopolitics.co/2015/12/01/chinese-yuan-is-now-a-reserve-currency/

 The International Monetary Fund has just included the Chinese Yuan in its SDR basket of currencies paving the way for it to become a currency of choice starting October 2016. This Yuan SDR inclusion will further shutdown the dominance of the dollar as the preferred currency for global exchange.

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