The yuan officially enters the International Monetary Fund’s official basket of reserve currencies Saturday, a trophy for China in the transformation of the communist nation’s geopolitical status.

Topics:  international monetary fund s   china   yuan   reserve   basket   
BING NEWS:
  • Yuan tests key milestone on loosening govt grip
    HONG KONG: China’s second attempt in a month to loosen its grip on the yuan is opening up the door for the currency to test a psychological milestone ... that the Federal Reserve won’t cut ...
    04/17/2024 - 1:00 pm | View Link
  • China’s loosening grip on yuan allows currency to test a key milestone
    CHINA’S second attempt in a month to loosen its grip on the yuan is opening up the door for the currency to test a psychological milestone that hasn’t been ... is benefiting from bets that the Federal ...
    04/16/2024 - 4:10 am | View Link
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