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Widespread capital controls, limited liquidity in government securities, and governance and geopolitical challenges are hurdles to internationalizing the yuan, ratings agency says.
The Bank for International Settlements (BIS) triennial survey for foreign exchange turnover shows the FX trading is more frenetic than ever – and the dollar shows no sign of being replaced
Will the ECB’s new “unlimited” bond buying programme provide the much needed antidote in Europe and what are the market implications for Asian currencies? CT asks the experts.