Renminbi Surpasses Euro as Brazil's Second Largest Reserve Currency


2023-04-01: [Chinese Article Link] On March 31, local time, according to a report released by the Central Bank of Brazil, the renminbi has replaced the euro as the second most important currency among Brazil's foreign exchange reserves. Some analysts have noted that this reflects Brazil's deepening economic ties with China. By the end


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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Renminbi Surpasses Euro as Brazil's Second Largest Reserve Currency


2023-04-01: [Article Link] On March 31, local time, according to a report released by the Central Bank of Brazil, the renminbi has replaced the euro as the second most important currency among Brazil's foreign exchange reserves. Some analysts have noted that this reflects Brazil's deepening economic ties with China. By the end

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.