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Renminbi replacing US dollar for trade as a new currency

Author: Georgina Lee

Source: Asia Risk | 27 Nov 2009

Categories: Foreign Exchange, Settlement Risk

Topics: China, Hong Kong, Hong Kong Monetary Authority (HKMA), Chinese yuan, Chinese renminbi, Currency risk, HSBC

The Chinese renminbi is on the brink of taking on an increased role in the Asia-Pacific region, probably over time replacing the use of traditionally dominant...

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