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China continues the process of internationalizing the yuan, signing a three-year deal with...

  • Thursday, March 22, 2012, 9:41 AM ET
    China continues the process of internationalizing the yuan, signing a three-year deal with Australia that will enable the exchange of up to $31B in local currencies between the countries' central banks. The agreement adds to those that China has with a number of trading partners, including Hong Kong and Japan. (PR)
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