20.12.2011 - China’s yuan: Becoming a global currency?
In 2012 China will maintain a ‘generally stable’ exchange rate of its national yuan currency, a statement released during the annual economic work conference in Beijing says. Experts agree that a tendency to make the yuan a more global currency will continue next year. Chinese economists believe that the greater use of the yuan is a natural process which meets the interests of China and also promises positive changes to the international currency system...............................................Full Article: Source
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