Canada to launch yuan clearing hub, deal imminent - source

Tue Nov 4, 2014 10:49am EST
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OTTAWA Nov 4 (Reuters) - Canada expects to finalize the creation of a domestic yuan clearing hub in the country, a source familiar with talks said on Tuesday, with an announcement expected during Prime Stephen Harper's trip to China in the coming week.

The two sides "expect to be able to finalize and announce the currency hub," said the source, speaking on condition of anonymity because the matter is not yet public. (Reporting by Randall Palmer)