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zefir
68 days ago
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Deutsche Bank becomes first foreign yuan clearing ...
I wonder if this might be a reaction to the "blindsided" ECB, following a US decision to prop up the Japanese yen. This would be an interesting fracture.
https://www.ft.com/content/d9922d0b-51a0-48be-811b-42e08f909...
Havoc
68 days ago
[–]
Doubtful. The clearing house thing must have been in discussions for years already.
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