Publication Type

News Article

Publication Date

4-2015

Abstract

The yuan is becoming more widely used in pricing and settling intra-regional trade and investment. Asian currencies' movements are likely to shift more in tandem with the yuan, leading to it becoming one of Asia's lead currencies. Singapore is now the world's second-most- important offshore yuan trading hub after Hong Kong.

Keywords

Currency, China, Singapore, financial center

Discipline

Asian Studies | Finance | International Economics | Macroeconomics

Research Areas

Macroeconomics

Publication

Straits Times

First Page

A20

Last Page

A20

ISSN

1692-9344

Publisher

Singapore Press holdings

Copyright Owner and License

Author

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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