Business HSBC Chairman Tucker Says Yuan Can’t Challenge Dollar Dominance – Bloomberg

[curator]

The U.S. dollar isn’t going to be replaced by China’s yuan as the world’s top reserve currency any time soon, according to HSBC Holding Plc, one of the world’s biggest trade finance banks. “I don’t think the U.S. dollar’s position at this point is anything other that dominant,”



via Bloomberg – http://ift.tt/2FfByUy

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