The Renminbi Is Becoming a Hedge Against the Dollar
China · Currencies Key Facts Hedge shift Chinese firms now hold the yuan as a store of value, not just for payments, per a UOB report. Bond boom Dim sum bond issuance hit nearly 820 billion yuan (about US$120 billion) by 22 June, up 47% year on year. Brazil swap China and Brazil run a […] The post The Renminbi Is Becoming a Hedge Against the Dollar appeared first on The Rio Times .
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