A batch of 100 yuan notes
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Yuan 'heading towards reserve status'

China's yuan will grow in stature as a reserve currency, according to the head of South-East Asia's largest banking group.

Piyush Gupta, the chief executive of DBS Group, tells Asia Business Report that China is beginning to see the advantages of challenging the dollar's pre-eminence as the benchmark currency of choice.

  • 19 Dec 2011