The yuan slowly growing into a global currency
A PBOC official cited by Reuters says that cross-border yuan usage in the January-Sept period exceeded 14 trillion yuan. That's up 20% year-over-year.
Much of that was for securities investments.
A PBOC official cited by Reuters says that cross-border yuan usage in the January-Sept period exceeded 14 trillion yuan. That's up 20% year-over-year.
Much of that was for securities investments.
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