UPDATE 1-Bundesbank looking to place some reserves into Chinese yuan
14 Jan UPDATE 1-Bundesbank looking to place some reserves into Chinese yuan
Posted at 12:38h
in
News
by KMFSLLP
FRANKFURT, Jan 15 (Reuters) – Germany’s central bank is
looking to place some of its currency reserves into yuan given
the Chinese currency’s increased global role, although further
preparatory work would be required to make a transaction, the
Bundesbank said on Monday.
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