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- In Thailand, our Northern neighbour
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Tag Archives: yuan Vs usdollar as reserve currency
The Yuan won’t be replacing the US dollar as the world’s top reserve currency for a long time to come
.. .. …while there has been some increase in the share of reserves held in renminbi, this accounts for just one quarter of the shift away from dollars in recent years, partly due to China’s relatively closed capital account. Moreover, … Continue reading
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