Analysts doubt the yuan will take over the greenback’s leading role in the global monetary system any time soon. Photo: Reuters

Yuan’s star rises, but it won’t eclipse the US dollar … yet, say analysts

China-led Asian bank will boost popularity of renminbi, but global 'redback' seen as unlikely

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Analysts doubt the yuan will take over the greenback’s leading role in the global monetary system any time soon. Photo: Reuters
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