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Renminbi set to replace US dollar for trade in Asia Pacific | Hacker News Reader

Renminbi set to replace US dollar for trade in Asia Pacific

risk.net

10 points·cwan··3 comments

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So when are they going to unpeg the yuan from the dollar again?

As soon as the dollar pegged.

Yeah as a result of the peg this effectively has no effect on the strength of the dollar.

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