Category Archives: Yen and Pound

IMF Admits Chinese Renminbi to Benchmark Currency Basket Alongside Dollar, Euro, Yen and Pound

The International Monetary Fund on Monday admitted China’s yuan into its benchmark currency basket in a victory for Beijing’s campaign for recognition as a global economic power.   The IMF’s executive board agreed to add the yuan, also known as … Continue reading

Posted in Yen and Pound | Tagged , , , , , , , , | 5 Comments