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  • Australia Embraces Chinese Currency

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Australia Embraces Chinese Currency

From Xinhua News Agency: Australian banks and customers are now hoping to do some transactions using China's currency, the renminbi. This week, Rio Tinto, the world's third-largest miner signaled its intention to switch iron ore settlements from US dollars to RMB. Powered by www.newslook.com

Newslook | June 22, 2011Watch more videos from Newslook

Tags:. .renminbi. .rmb. .transactions. .xinhua. .embraces