Savouri: City to be transformed by the rise of the renminbi

The Chinese renminbi will appreciate by 60%, the Scandinavian countries will leave the euro to set-up their own currency, VAT rates will vary regionally across the UK, and the City will be transformed by Asian currency trading, the CREFC Europe Spring conference heard in London. In his keynote speech, economist Dr Savvas Savouri from Toscafund […]