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Deutsche Bank carries out the first cross-border yuan payment transaction under a trial scheme...
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Friday, June 15, 2012, 5:36 AM ETDeutsche Bank carries out the first cross-border yuan payment transaction under a trial scheme to make it much easier for businesses to settle trade in the renminbi. It's all part of China's step-by-step plan to internationalize the currency.
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Bullish for (FXE)(CYB) over time quite bearish for (UUP)(TLT)