A red Chinese 100 yuan bill lies alongside 100 euro bills, US 100 dollar bills and Japanese 10,000 yen bills – four of the currencies that will be part of the International Monetary Fund’s benchmark currency basket from October. Photo: Kyodo

China needs market-driven interest rate system to help yuan become global currency: economists

Topic |   Yuan

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A red Chinese 100 yuan bill lies alongside 100 euro bills, US 100 dollar bills and Japanese 10,000 yen bills – four of the currencies that will be part of the International Monetary Fund’s benchmark currency basket from October. Photo: Kyodo
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