While Switzerland become a hub for Trading RMB? We hope, then the RMB is getting more and more importand in the International Forex Trading. Especialy due to the strong economic figures in China. But is this all? Check this Articel, originaly published by EconoMonitor a few days ago.
Chinese Yuan on the Rise
The preliminary results from the BIS triennial survey for 2013 are out. There are a lot of interesting results, but one I want to flag is that the Chinese yuan is increasingly used in forex transactions.