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As de-dollarisation trends persist, can the yuan take the euro’s place?
The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements.
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As de-dollarisation trends persist, can the yuan take the euro’s place?
The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements.
- ·
‘Increasingly influential’ use of China’s currency puts euro on notice
The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements.