The recent rapid growth of the offshore renminbi market presents a puzzle for analysts ... straying from the normal sequence of steps toward currency internationalization. Why might that be?
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The dollar will stay strong if the world keeps ‘shoveling all of its savings’ into US stocks, strategist says"It's not a stable equilibrium, if we have these big divergences ... While the economics of the global currency market are clear, politics represent a wild card, Juckes said.
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