June 30, 2012

Japan and China expected to begin trading each others currencies in June according to reports

"Japan and China are expected to start direct trading of their currencies as early as June as part of efforts to boost bilateral trade and investment, according to reports...It will be the first time that China has allowed a major currency except the dollar to directly trade with the yuan.."

Source: Yen-yuan direct trading to start in June
MAY. 27, 2012

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