China would love for RMB to become a default reserve currency. There are strong accusations that China is a currency manipulator though. I’m not educated enough on the topic to have an opinion on it. However, countries choosing it as a reserve currency may be left holding the bag.
China would love for RMB to become a default reserve currency. There are strong accusations that China is a currency manipulator though. I’m not educated enough on the topic to have an opinion on it. However, countries choosing it as a reserve currency may be left holding the bag.