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YUAN MOVES TO TOPPLE DOLLAR




China took another step to boost the yuan's global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International Monetary Fund.

The link will start on Tuesday, the China Foreign Exchange Trade System said in a statement, making the franc the seventh major currency that can bypass a conversion into the U.S. dollar and be directly exchanged for yuan.

Read Full Story: http://www.bloomberg.com/news/articles/2015-11-09/...

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