Imf Adds China's Yuan To Basket Of Top Currencies

Chinese yuan to join world's leading currencies; Move could make yuan easier to trade

Topics:  yuan   currencies   
BING NEWS:
  • Yuan Internationalization Drive Hits A Local Speed Bump
    As Chinese leader Xi Jinping works to increase the yuan's role in global trade and finance, he's encountering an unexpected speed bump: mainland com ...
    04/23/2024 - 1:08 am | View Link
  • China's Central Bank Sticks to Cautious Tone on Monetary Easing, Doubles Down on Yuan Defense
    China's central bank cautioned against large-scale monetary easing after recent data pointed to a slowdown in bank lending, signaling that it is unlikely ...
    04/17/2024 - 10:51 pm | View Link
  • IMF keeps China’s 2024 GDP growth estimate unchanged on ‘troubled property sector’
    Even after Beijing reported a better-than-expected rise in China’s quarterly economic growth, the International Monetary Fund opted to keep its full-year expectations unchanged for the country.
    04/16/2024 - 10:00 am | View Link
  • China’s yuan is performing way better than US’s dollar right now
    The financial tables have turned with the Chinese yuan now leading over the US dollar in trading figures out of Russia, a significant shift in the global ...
    04/12/2024 - 11:18 am | View Link
  • China underlines support for Sri Lanka’s debt restructuring, IMF push, as Prime Minister Gunawardena wraps up visit
    Debt restructuring was top of the agenda for Gunawardena’s ... By the end of 2022, China’s debt stock in Sri Lanka had reached nearly US$7.3 billion, constituting 19.6 per cent of the island ...
    03/30/2024 - 10:33 am | View Link
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