Founder of American investment company Mobius Capital Partners Mark Mobius called the possible successor of the dollar as a global reserve currency, the correspondent of “Renta.ru” from the online briefing with the participation of Mobus.
“I think, the yuan has more chances than others,” the financier noted. – First, the gold reserves are growing. China is one of the largest gold producers. “
The second significant factor, in his opinion, will be an agreement of Beijing with some countries about the use of Yuan as a reserve currency and the placement of state savings and reserves of central banks in Chinese assets.
Mobius became famous for investments in assets of emerging markets, including Russia, as well as States of Eastern Europe and Southeast Asia.