| China's currency, the yuan or renminbi as it's known, will see extended trading hours starting Monday in Beijing's latest effort to promote its currency on the international stage.
Instead of ending at 4.30pm local time, trading will now continue until 11.30pm while opening hours remain unchanged at 9.30am. So, what does this all mean for the currency's outlook? Here are the facts explained. The new hours will now overlap with Europe's trading day as the mainland seeks to make the yuan more widely used globally...............................................Full Article: Source
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