RMBi to help China shape global finance

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RMBi to help China shape global finance

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Pile of rolled-up currency notes with China Renminbi in font. | ThamKC - Fotolia

Renminbi internationalisation could give China greater influence over global asset prices in the next decade, but only if regulators can manage to internationalise the currency without destabilising its exchange rate, according to KPMG and Global Financial Markets Association (GFMA).

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