Web Bot 2009 Prediction Dumping of the Us dollar came true as China to make Yuan an international currency
October 23, 2009
Web Bot 2009 Prediction Dumping of the Us dollar came true as China to make Yuan an international currency
Web Bot 2009 Prediction "Dumping of the Us dollar" came true today as according to Times of India China to make Yuan an international currency.
China is trying to persuade ASEAN nations to enter into bilateral agreements for trade settlements in Yuan. At present, it has sealed such agreements with two ASEAN members, Laos and Vietnam.
China recently launched the first-ever international bond in RMB in the Hong Kong market with significant success. It is pushing some Asian nations like Indonesia and Pakistan to transact business in RMB by offering them easy loans.
1 comments:
Big deal; China should have a international currecy just so they can apologive to the world when it becomes worth nothing. Just like we had the dot com boom and the every boom in history that went bust you are gaging me with the China boom. It's a lie.
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