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by rnk
1007 days ago
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Wow, thanks for posting that. I wasn't away RMB was not used that much up to now. US + Euro is 9/12 of that trading on the imf.org link. 9/12, 75%! Maybe a little of that could switch to rmb in trading with china, but as china is such a huge economy in the world, close to the US in many ways (ignoring their current problems/shrinkage), isn't the minuscule amount of RMB transactions just another sign that everyone is using dollars. How much is the total US transactions with China, would like to compare to the charts to see theoretical maximum. |
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