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Euro's global role slips in multipolar system

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The euro remains the second-most important currency in the international monetary system, but with a significant gap to the US dollar, says the ECB chief.

Frankfurt

THE global use of the euro declined slightly in 2015 and early 2016 as China's yuan started to take a larger role in reserves and trade in an international monetary system that is becoming more multipolar.

"The euro remained the second-most important currency in the

sentifi.com

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