Renminbi going global - HKMA's Pang
The renminbi could in time become a significant currency for global trade, Peter Pang, a deputy chief executive at the Hong Kong Monetary Authority.
Pang said that the recent global financial turmoil had highlighted the need for a more diversified international monetary system, including more currency choices in international transactions, and that the renminbi could be one of the obvious choices for many countries.
Click here to read the speech
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