Since the global financial crisis of 2008-2009, the Chinese renminbi (yuan) has become the most widely traded currency with the U.S. dollar surpassing the euro, yen, and pound as dollar trading pairs.

Question

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The euro remains the second most traded currency with the U.S. dollar, not the Chinese renminbi (yuan). The yuan has increased in international trade and finance but has not surpassed the euro, yen, and pound in trading volume with the dollar.

Since the Global Financial Crisis of 2008-2009, the Chinese Renminbi