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Building upon the steady evolution of yuan policy is a recent development in the increasing proliferation of the yuan's use in international trade. This time, it concerns the central banks of Taiwan and China, which recently signed a yuan-clearing agreement that would result in Taiwan allowing interbank trading of the yuan. The central banks also are steadily making developments in a currency swap deal. As noted by Bloomberg, "Nations including Singapore, Japan, and Thailand have signed similar deals with the world's second-biggest economy."
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The Results Of Shifts In Yuan Policy 0 comments
Building upon the steady evolution of yuan policy is a recent development in the increasing proliferation of the yuan's use in international trade. This time, it concerns the central banks of Taiwan and China, which recently signed a yuan-clearing agreement that would result in Taiwan allowing interbank trading of the yuan. The central banks also are steadily making developments in a currency swap deal. As noted by Bloomberg, "Nations including Singapore, Japan, and Thailand have signed similar deals with the world's second-biggest economy."
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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