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BEIJING:As China plans t
air max97 o further open up its market and promote free global trade and investment, its currency yuan is expected to play a greater global role. The drive will make further progress after China gradually makes its capital account convertible and ease other restrictions, central bank Governor Zhou Xiaochuan told a press conference on the sidelines of the first session of the 13th National People s Congress.Chinese yuan s globalisation journey generally started from piloting renminbi settlement in cross-border trade in 2009 and picked up pace in 2016 when the International Monetary Fund included yuan in the basket of currencies that make up Special Drawing Rights, an alternative reserve asset to the dollar.China has inked bilateral currency swap agreements with over 30 countri
air force 1 es and regions since late 2008 to facilitate cross-border trade and investment.The internationalisation of yuan had slowed down amid depreciation pressure since August 2015, when t
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LAHORE:Railways Minister Sheikh Rashid has said India may carry out surgical strike inside Pakistan in 2019 as India s ruling Bharatiya Janata Party (BJP) is facing defeat in the state po
adidas original lls. India could start ceasefire violations along the LoC [Line of Control] and carry out a possible surgical strike. Indian PM Narendra] Modi government has to justify and satisfy their vote bank, and an anti-Pakistan campaign is what I am expecting from them, Rashid said in a press conference on Thursday.He said tensions along the LoC are likely to remain in the headlines in 2019 as the incumbent Indian government prepares to go for the general elections next year.Talking about the opposition parties agitation over the ongoing accountability, he said the opposition parties are now untied to save themselves. The next year will be exponential
black af1 and we can see massive developments on many fronts. One such development would be end of dynastic politics. They [opposition] all are now uniting agains
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