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Home>Coins dealers headline>China fine tunes its global strategy for the yuan

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China fine tunes its global strategy for the yuan

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USA Gold

Published : October 27th, 2020

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Category : Coins dealers headline


	Bloomberg/Charlie Zhu, Jun Luo, Ken Wand and Fran Wang/10-24-2020 “The authorities will remove existing obstacles for the yuan’s internationalization, with a steady liberalization of the capital account, increasing the yuan exchange-rate flexibility and improving liquidity in the bond market, Zhu said. USAGOLD note: A greater role for the yuan as a reserve currency could translate to important implications for the gold market in the coming years – particularly insofar as it impacts the dollar’s role as the world’s primary reserve currency. Zhu Jun is the director-general of the People’s Bank of China international division.

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