Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
9630110
Topic
853228
Board
Economics
Re: Canada joins the dollar dumping team, signs a deal with China to bypass it
by
SunBin
on
23/11/2014, 14:25:40 UTC
Quote from: Robert Paulson on November 09, 2014, 11:30:34 PM
http://www.cbc.ca/news/politics/canada-china-sign-currency-deal-aimed-at-boosting-trade-1.2828707
after the EU, UK and Russia Canada joins the club and does a currency swap with China to trade directly CAD - Yuan without using USD.
Cheaper and more efficient way to settle payment.