Some Asian economists believe that the Chinese yuan currency could be estimated in the region. "The volume of trade between China and Asian countries are rising. If the yuan will be used as a clearing currency, many would be no need to hold dollar reserves", - analysts said Samsung Economic Research Institute.
However, in order to implement such a transition will take time. "Despite the declining influence of the U.S. economy for the rest of the world, change the reserve currency - is not a single day."
Perhaps the yuan does not pretend to the role of key currencies, but you should acknowledge its growing role in the arena of the world's key currencies at par with the dollar and euro.
However, in order to implement such a transition will take time. "Despite the declining influence of the U.S. economy for the rest of the world, change the reserve currency - is not a single day."
Perhaps the yuan does not pretend to the role of key currencies, but you should acknowledge its growing role in the arena of the world's key currencies at par with the dollar and euro.
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