
In approving the Chinese yuan as a 10.92 percent participant as a reserve currency in the global basket, the International Monetary Fund (IMF) warned that China’s inclusion could push up interest rates.
by Chriss W. Street1 Dec 2015, 5:31 AM PST0

You might think, as many investors do, that a loss of confidence in Beijing caused the Chinese market rout, but Beijing thinks you’ll find the real culprits along the banks of the Potomac.
by John Hayward28 Aug 2015, 6:19 PM PST0

Contents: Kazakhstan’s tenge currency crashes 23%, leading the global ‘currency wars’; Global stock markets plummet over currency devaluations
by John J. Xenakis21 Aug 2015, 4:00 AM PST0

Contents: Slovakia will accept 200 migrants — but only if they’re Christian; China’s yuan devaluation causes currency chaos in Asia
by John J. Xenakis20 Aug 2015, 6:12 AM PST0

The People’s Bank of China (PBoC) weakened the yuan against the dollar for a third consecutive day on Thursday, following reports the central bank intervened to stem the currency’s sharp slide late on Wednesday.
by Breitbart News12 Aug 2015, 10:01 PM PST0

Republican presidential candidate Donald Trump on Tuesday said China’s devaluation of the yuan would be “devastating” for the United States.
by Breitbart News12 Aug 2015, 1:04 AM PST0

BEIJING (AP) — China devalued its tightly controlled currency Tuesday following a slump in trade, allowing the yuan’s biggest one-day decline in a decade.
by Breitbart News11 Aug 2015, 7:12 AM PST0