Australian Biggest Miner Exports for Yuan in Preference to USD

'Australian iron ore supplier embraces Chinese market with yuan settlement' - Global Times This is more of a news story than anything else but BHP, Australia's biggest mining exporter, has opted to trade its products for Yuan due to the unpredictability (should that be read as fragility?) of the US dollar. I suspect this will... Continue Reading →

Blog at WordPress.com.

Up ↑