BRICS: China’s Yuan now 4th Most Used Global Currency

BRICS: China’s Yuan now 4th Most Used Global Currency

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In what is certainly a positive development for the BRICS bloc, China’s Yuan is now the 4th most used global currency. Reports from earlier this week highlighted the US dollar’s continued dominance, ranking first and constituting 48% of global trade. However, China’s ascension into the top five…

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