31.01.2011 - China allows Renminbi trading in US – Bullish sign for gold investors
From Dailymarkets.com: In a move that provides a glimpse of the future of US dollar and gold, China has allowed its currency to be traded for the first time in the United States. This is a bullish sign for gold investors. It is an important step in the country’s plan to make the renminbi an international currency. The explicit move is an endorsement by Beijing since the state-controlled Bank of China Ltd is at the forefront of this development...........................................Full Article: Source
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