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The US Dollar is preferred because of its stability, liquidity and transparency. China would have to give up its currency exchange control and float the Yuan to compete.
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The US Dollar is preferred because of its stability, liquidity and transparency. China would have to give up its currency exchange control and float the Yuan to compete.
And the Yuan still account for less than 3% of global foreign exchange assets.https://t.co/LCNKdhNjrC https://t.co/dAE2D7VKoS pic.twitter.com/ZxTMXxeBuM
— simonthong aka kitty poo (@KittyPo80176717) July 26, 2021
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