London’s yuan push stirs hopes of Eurodollar-style boom

A Bank of England pledge to help London become a global trading centre for China’s yuan has stirred talk of a revival in the city’s fortunes, similar to the explosion of the U.S. dollar market in the 1960s and 70s. In what many bankers saw as a pivotal move, the British central bank said last mo…

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London’s yuan push stirs hopes of Eurodollar-style boom

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