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  1. Germany adds yuan to reserves

    by , 01-19-2018 at 07:10 AM
    GERMANY’S central bank has said it will include the Chinese yuan in its reserves, giving another boost to China’s drive to internationalize the currency.

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    The Bundesbank said its board had decided in July to invest in the yuan to take account of its growing importance globally, though it did not say when it would begin to include it or how much it would purchase.

    “The decision to accept the yuan is part of a long-term diversification ...