“China has now launched yet another feeler to see what the apetite toward its currency is, this time in the heart of the Eurozone: Paris. According to China Daily, as reported by Reuters, ‘France intends to set up a currency swap line with China to make Paris a major offshore yuan trading hub in Europe, competing against London.’ As a reminder the BOE and the PBOC announced a currency swap line back in February, in effect linking up the CNY to the GBP. Now it is the EUR’s turn.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Getting Out Is Hard; Getting Back In Is Harder
Silk Road closure reportedly cuts off supply of drug for assisted suicides
Massive surge in Litecoin mining leads to graphics card shortage
Libertarian open carry protester vs 6 police officers
CIA Chief: WikiLeaks Plotting To 'Take Down America'
EU inquiry draft finds NSA, GCHQ activities ‘illegal’ – report
The Hyperloop: Elon Musk’s futuristic plan to blast Californians through a tube
Google stands up for Gmail users, requires cops to get a warrant
Inflation is rotten to the core: Regardless of what Fed says, prices are rising
Police Civil Asset Forfeitures Exceed All Burglaries in 2014
Poland's Idea Bank Puts Mobile ATM Into BMW i3
Poolfa.com: Evidence of an Expanding Iranian Bitcoin Community
Concealed Guns Are Now Legal in Illinois (But Not Chicago)
Mob Steals $100,000 Worth Of Jewelry From Woman On Chicago's Mag Mile
Man arrested, charged with theft for plugging car into school’s outlet