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London Clearing House said that the Renminbi will surpass the yen in foreign exchange options trading.

23/04/2026

The London Clearing House said that the renminbi is expected to surpass the yen and become the second most active currency against the US dollar in the foreign exchange options market. Andrew Batchelor, head of LCH ForexClear, said that by the time the Bank for International Settlements releases its triennial foreign exchange and over-the-counter derivatives market survey in 2028, the USD/offshore renminbi currency pair could rise to second place, behind only the euro/USD pair.

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