Yuan overtakes Euro as world's second trade currency

Discussion in 'Currencies' started by whinfell, Dec 4, 2013.

  1. whinfell

    whinfell Well-Known Member Silver Stacker

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    Source: http://www.abc.net.au/news/2013-12-...euro-as-world27s-second-trade-curreny/5132960
     
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    GEE, a whole 8.66%

    Minnows and whales.
     
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    From little things big things grow.
     
  4. whinfell

    whinfell Well-Known Member Silver Stacker

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    How long before the Yuan market share becomes 80%, and the USD drops to less than 10%? Probably not for many years, but it will be interesting to watch :)
     
  5. trew

    trew Active Member Silver Stacker

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    The pound sterling has been falling in importance and value for 100 years - doesn't have to happen overnight
     

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