China's yuan
Chinese Yuan did not Suffer a Steep Decline
| Theena Ocay | | Dec 07, 2016 12:02 PM EST |
Rumors that China's currency suffered from a steep decline on Tuesday have been circulated across social media; however, CNBC clarified that China's yuan did not suffer a sharp fall.
China's Yuan Takes Leap Toward Joining IMF Currency Basket
| Elena Garcia | | Nov 14, 2015 06:07 AM EST |
China's yuan moved one step closer to joining other top global currencies in the International Monetary Fund's benchmark foreign exchange basket on Friday. It happened after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up.
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