The yuan catches on
Published: 31 Mar. 2015, 21:41
An employee at the Korea Exchange Bank handles Chinese yuan at the headquarters in central Seoul on Tuesday. According to the Bank of Korea, daily exchanges between the yuan and the Korean won last month totalled $1.8 billion. That’s equivalent to 20 percent of dollar-won exchanges. The yuan-won direct exchange market opened in Seoul in December.[NEWSIS]
with the Korea JoongAng Daily
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