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Standard Chartered China CEO: Yuan Won't Challenge Dollar in Reserves

Standard Chartered's China CEO says the yuan will not displace the U.S. dollar as the world's dominant reserve currency, though it may compete with the yen and pound as Beijing pushes renminbi internationalization.

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Standard Chartered's China CEO says the yuan will not displace the U.S. dollar as the world's dominant reserve currency, though it may compete with the yen and pound as Beijing pushes renminbi internationalization.

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