Thursday, 4 July 2013
Yuan Has Potential to Become Global Reserve Currency, says Nagel
Posted on 14:39 by Ashish Chaturvedi
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July 3, 2013
Nagel Says Yuan Has Potential to Become Global Reserve Currency
Bundesbank board member Joachim Nagel said the Chinese yuan may become an international reserve currency and that Frankfurt is trying to establish itself as the trading center in Europe.
“Although international use of renminbi does not reflect
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