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Bank of china has opened trading in the chinese currency

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Bank of China has opened trading in the Chinese currency on the international financial markets. Is this good or bad for China? Is this good or bad for the U.S.? What will be the effect on the U.S. dollar and European Euro as reserve currencies?

Reference no: EM13396686

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Bank of china has opened trading in the chinese currency : bank of china has opened trading in the chinese currency on the international financial markets. is this good or bad
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