China expands de-dollarization push as global central banks use record amount of yuan

Sutthipong Kongtrakool/ Getty Images The yuan's use in currency swaps surged to a record amount in the first quarter. That's as central banks want to move away from the dollar, and deal with domestic difficulties. China has actively been entering into non-dollar agreements to raise the yuan's…#peoplebankofchina #argentina #russian #brazil #kazakhstan #switzerland
Source: Reuters: Health - Category: Consumer Health News Source Type: news