Yuan Passes Euro as 2nd-Most Used Trade-Finance Currency http://bloom.bg/18WECkN (But the USD is still 1st by a very large margin.)
@prchovanec I just chalked it up to growing intra-asian trade. But it is a large jump
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@scottlincicome No, it's not just that. Where are all the RMB coming from? And which direction are they going?Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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@scottlincicome Singapore, Germany, Australia are top users of RMB for trade settlement. Note that all run trade surpluses with China. -
@prchovanec Ah, I see what you're asking. Interesting. (And, I of course have no clue!)
Fin de la conversation
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RTS. You didn't read the article, did you?