Yuan looks more inviting to global central banks – MENAFN.COM

  • Date: 26-Jul-2021
  • Source: MENAFN
  • Sector:Economy
  • Country:Middle East
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Yuan looks more inviting to global central banks – MENAFN.COM

(MENAFN - Asia Times) Is the Chinese yuan already the world's No 3 currency after the US dollar and Japanese yen?

It would be easier to dismiss this assertion by Renmin University of China's International Monetary Institute as fanciful – or pro-Beijing propaganda – if not for two recent overseas reports suggesting a similar trajectory.