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Institutional investors are confident that China's Yuan is on the cusp of attaining reserve currency status in multiple countries worldwide, marking a significant shift on the global economic stage, according to a comprehensive research study conducted by Tresor Gold, a junior mining company headquartered in New York City, focusing on exploration and development projects in West Africa.
The international study, encompassing pension funds, private equity, venture capital professionals, family offices, and sovereign wealth funds, reveals that an overwhelming 93% of investors believe that China will successfully achieve reserve currency status for the Yuan within the next five years, with nearly one-third (30%) expecting it to be highly successful. Merely 2% anticipate...
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