Friday, August 27, 2010

Banks back switch to renminbi for trade

Eric,
I guess now that they've killed the dollar the banksters will start on the renmimbi.
Best regards
Jack

Debt and fiscal management kills currencies, so the bankers cannot do it alone.

A number of the world’s biggest banks have launched international roadshows promoting the use of the renminbi to corporate customers instead of the dollar for trade deals with China.

Source: ft.com

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