China Burst U.S. Dollar Bubble by Becoming Reserve Currency

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Renminbi use surges in home of US dollar
The value of renminbi payments between the US and the rest of the world rose by 327 per cent in April this year
China Allows Companies to Settle Trade in RMB
People’s Bank of China (PBOC) allows the yuan to appreciate or depreciate daily by 1% in either direction of a marker it sets
China’s yuan surpasses euro as 2nd most-used currency in trade finance

Sources:
http://blogs.ft.com/beyond-brics/2014/06/04/renminbi-fast-displacing-greenback-in-us-home-market/
http://www.china-briefing.com/news/2012/03/20/china-allows-companies-to-settle-trade-in-rmb.html
http://www.chinaeconomicreview.com/China-yuan-appreciation-US-dollar-PBOC
http://www.reuters.com/article/2013/12/03/us-markets-offshore-yuan-idUSBRE9B204020131203




China Burst U.S. Dollar Bubble by Becoming Reserve Currency

Where the TRUTH is EXPOSED and SCANDALS UNCOVERED:
http://truth.themoneygps.com

********************************************************************
The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan.

Look Inside the Book!: http://book.themoneygps.com

My Free eBooks:
FLUORIDE: http://fluoride.themoneygps.com
GMO: http://gmo.themoneygps.com
VACCINES: http://vaccines.themoneygps.com

Join The Money GPS Insiders:
http://themoneygps.com

PREPARE for the COLLAPSE:
http://amazon.themoneygps.com
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Renminbi use surges in home of US dollar
The value of renminbi payments between the US and the Continue reading