Chinese Yuan, nor Euro are not big enough to replace the dollar in currency nor in the bond space.
A commodity backed basket of currencies of RUB + CNY + INR + BRL + IDR + ZAR all put together might be a big enough to offer a partial alternative, but NO replacement.
Chinese Yuan, nor Euro are not big enough to replace the dollar in currency nor in the bond space.
A commodity backed basket of currencies of RUB + CNY + INR + BRL + IDR + ZAR all put together might be a big enough to offer a partial alternative, but NO replacement.