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Forget the dollar – China has its hands full propping up the yuan against 23 other currencies, report says

Beijing's been propping up the renminbi against almost two dozen currencies including the yen, euro and sterling since mid-August, Bloomberg reported. ....

People Bank , Money Exchange , Central Bank ,

Chinese authorities issue new currency support to boost growth

The PBoC has brought in new rules to support the country’s currency, as policymakers ramp up efforts to push China out of its soft period of growth. ....

Pan Gongsheng , Shanghai Stock Exchange , Investment Director Russ Mould , Shanghai Stock Exchange Composite , People 39s Bank Of China , Aj Bell , Russ Mould , Pan Gongsheng ,

The fundamental reason China will struggle to dethrone the dollar

Making a currency a global standard demands deep trust in its issuer’s openness and reliability ....

Alan Beattie , Nicolas Sarkozy ,

Is the US dollar on its way out? | East Asia Forum

While the US dollar will continue to be central to the international financial system, its role is diminishing at the margins. ....

United Kingdom , Saudi Arabia , United States , Michaelg Plummer , Kim Kyung Hoon , International Settlements , Index Of International Currency Usage , Asian Monetary Fund , Johns Hopkins University , Johns Hopkins , Japanese Yen , International Currency Usage , Foreign Currency Usage , Asian Financial , Latin American , Debt Trap Diplomacy , Currency Reserves , Us Dollar Global Currency , International Financial System , Us Fiscal Policy ,

Michael G Plummer | East Asia Forum

Michael G. Plummer is director of the School of Advanced International Studies (SAIS), Europe and Eni Professor of International Economics at The Johns Hopkins University. ....

United States , Petera Petri , Peter Petri , Michaelg Plummer , Michael Plummer , Federal Reserve Bank , Pacific Partnership , Brandeis University , Economic Community , John Hopkins University , Johns Hopkins University , Regional Comprehensive Economic Partnership , Johns Hopkins , Progressive Agreement , Trans Pacific Partnership , John Hopkins , Debt Trap Diplomacy , Currency Reserves , Us Dollar Global Currency , International Financial System , Us Fiscal Policy , Us Dollar , Strong Us Dollar , Developing Asia , Currency Devaluation , Asian Economies ,