News Tagged Yuan
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Chinese Yuan Headed For Biggest Annual Drop In 20 Years As Capital Outflows Accelerate
December 21, 2016China’s capital outflow could accelerate further in coming months as the yuan depreciates and investors gain concerns about a strengthening dollar. The warning from Banny… Read More
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China’s Yuan Joins Elite Club Of IMF Reserve Currencies
October 3, 2016China’s yuan joins the International Monetary Fund’s basket of reserve currencies on Saturday in a milestone for the government’s campaign for recognition as a global… Read More