Episode 323: Losing the Dollar
Words & Numbers
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The Role of the Dollar in Global Commerce
In swift, the dollar represents something like 40% of all trades. The euro is about 36%. Do you want to guess how much the Chinese yuan is? I would have guessed just off top of my head 10 to 20%. One percent would have been like us. But it looks like it's picking up steam and that's why I wrote the article.
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