Sibos: RMB entry to SDR will smooth China capital account opening, say experts

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Sibos: RMB entry to SDR will smooth China capital account opening, say experts

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The global financial crisis has accelerated the transition to a multipolar and multi-currency system, with the RMB being one if its new components, according to former Bank of Pakistan governor Yaseen Anwar, now a consultant for ICBC.

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