Brexit Delays Yuan Globalization Agenda, Threatens HKD/USD Peg

The outcome of the UK Brexit referendum interrupt the Yuan’s path toward becoming a global currency and challenge the Hong Kong Dollar’s managed exchange rate regime.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/06/27/Brexit-Delays-Yuan-Globalization-Agenda-Threatens-HKDUSD-Peg.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news