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As de-dollarisation trends persist, can the yuan take the euro’s place?

  • Posted on June 10, 2026
  • By South China Morning Post
  • 4 Views
  • 1 min read
As de-dollarisation trends persist, can the yuan take the euro’s place?
As de-dollarisation trends persist, can the yuan take the euro’s place?

The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements.
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Author
South China Morning Post

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