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Allianz gegen den Dollar # waehr15c # 05.12.2012 14 Uhr # Business Brief # Journal # englisch

December 5, 2012

That was Ilja Nothnagel from the German Chambers of Commerce and Industry. Global markets measure pretty much everything in U-S dollars.. which are also used for business transactions between countries. That can be expensive.. and then there are also the risks of currency fluctations. But the world's changing.. and ASIA's economic role continues to grow in importance. Now, the export giants, China and South Korea, have agreed on a deal to boost the use of their yuan and wonn in bilateral trade.

https://p.dw.com/p/16w7t