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Chinese Banks Expand Direct Settlement to Aid Yuan’s Global Role

China is accelerating its push to internationalize the yuan as domestic banks add new foreign currencies available for direct settlement to bypass the dollar in cross-border trade.

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BloombergLean L·3h ago
Chinese Banks Expand Direct Settlement to Aid Yuan’s Global Role
China is accelerating its push to internationalize the yuan as domestic banks add new foreign currencies available for direct settlement to bypass the dollar in cross-border trade.
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Chinese Banks Expand Direct Settlement to Aid Yuan’s Global Role

How 1 sources are covering this

Chinese Banks Expand Direct Settlement to Aid Yuan’s Global Role

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