Yuan Overtakes Dollar To Become Most-Used Currency In China's Cross-Border Transactions

Slashdot
By BeauHDApr 26, 2023, 6:02 pm147 pts
An anonymous reader quotes a report from Reuters: The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar for the first time, official data showed, reflecting efforts by Beijing to internationalize use of the yuan. Cross-border payments and receipts…

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