Special Drawing Rights (SDR)
China’s Yuan Plunges to 6 Years Low Against Dollar
| S. Rina | | Oct 11, 2016 08:02 PM EDT |
Chinese currency touched its lowest level in six years against dollar during early Monday morning session.
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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