The Australian dollar has more to gain from an accord on the yuan given the so-called exchange rate correlation. Photo: Bloomberg The Australian dollar has more to gain from an accord on the yuan given the so-called exchange rate correlation. Photo: Bloomberg
The Australian dollar has more to gain from an accord on the yuan given the so-called exchange rate correlation. Photo: Bloomberg

Sydney yuan hub status a windfall for importers

Direct exchange from Australian dollars will save as much as 7 per cent on deals with China

Topic |   Yuan
The Australian dollar has more to gain from an accord on the yuan given the so-called exchange rate correlation. Photo: Bloomberg The Australian dollar has more to gain from an accord on the yuan given the so-called exchange rate correlation. Photo: Bloomberg
The Australian dollar has more to gain from an accord on the yuan given the so-called exchange rate correlation. Photo: Bloomberg
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