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Specialist Golubovsky talks about the yuan’s prospects in the global economy

Photo by Chiang Henry on Unsplash

“The yuan will take up more and more space in international payments, which will have a positive impact on its exchange rate. I don’t think it will strengthen much, because China itself is not that interested in it,” he said in a conversation with NSN.

According to the expert, in 15 years, the yuan could take up half of all international payments, and the U.S. dollar will gradually weaken.

Earlier independent financial consultant Igor Podoprovetov in a conversation with FBA “Economy Today” expressed the opinion that the role of the American currency in the economy will decrease.

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