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    Yuan move is good for political stability

    News, Noah Feldman, Published on 08/12/2015

    ยป The International Monetary Fund's (IMF) decision to designate the Chinese renminbi, commonly known as the yuan, as a global reserve currency will, over time, encourage the country's leadership to make the currency more tradeable. But the political implications of global reserve status may be more significant than the economic ones.

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