China joins IMF currency basket: Why it matters
China's yuan added to IMF basket that designates reserve currencies: Why it matters/ International Monetary Fund (IMF) Managing Director Christine Lagarde speaks during a news conference at the IMF in Washington, Monday, Nov. 30, 2015, to announce the Chinese yuan will join a basket of the world's leading currencies. (AP Photo/Susan Walsh)/ BEIJING (AP) -- The addition of China's yuan to the select basket of currencies used as a yardstick by the International Monetary Fund is a sign, experts say, that the yuan may one day become as ...
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