Central bank dilutes dollar’s influence in mix of foreign currencies used to set official daily value The dollar’s weighting in the basket of currencies used to set the yuan’s daily value will be reduced.
- The Wall Street Journal. - Lingling Wei
- The Wall Street Journal - Ian Talley
The World Bank's rankings can be a badge of honor or humiliation The global growth slump has at least one silver lining: It is forcing economic overhauls in some of the worst places in the world to do
- Forbes - Douglas Bulloch
China's managed exchange rate is falling again, creeping steadily downwards against the U.S. dollar, just as it has been included in the IMF's SDR basket of reserve currencies. The market continues to