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Omfif: central banks are increasing renminbi reserves

Sara Velezmoro
Nearly one third of central banks plan to increase their holdings of the Chinese currency over the upcoming 12-24 months, survey from a central banking think tank found.
Omfif: central banks are increasing renminbi reserves

Demand for renminbi is on the rise, with 30% of central banks planning to increase their exposure to the Chinese currency over the coming two years. This compares with just 10% last year.

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