A report issued by Renmin University’s International Monetary Institute argues against maintaining large foreign exchange reserves, mainly U.S. Treasuries, as the yuan …
Tag:
Internationalization
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Finance
China Continues to Pursue Yuan Internationalization for Cross Border Payments
by shayaanby shayaanThe People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient international currency for international …