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The article states that the value of several emerging-market currencies including the Chinese yuan, the Brazilian real, and the Turkish lira declined significantly against the U.S. dollar as of January 5, 2016. The article also states that the U.S. stock index the Dow Jones Industrial Average suffered its worst opening-day decline since 2008 following trading on January 4, 2016.

The article discusses the minimal presence of the Chinese currency the yuan, also called renminbi, in London, England, as of mid-November 2015, despite a significant cooperative campaign by the British and Chinese governments to make the yuan commonplace in London, England. According to the article, the organization the International Monetary Fund (IMF) endorsed adding the yuan to the IMF's basket of reserve currencies on November 13, 2015.

The article discusses the political and commercial implications of the decision by the Chinese central bank the People's Bank of China to devalue the Chinese currency the yuan against the U.S. dollar. According to the article, the yuan was devalued on August 11, 2015, and August 12, 2015. The article discusses the potential fallout on the decision upon relations between the U.S. and China ahead of a scheduled visit to the U.S. by Chinese president Xi Jinping and the fate of the agreement the Trans-Pacific Partnership (TPP).

The article states that the Chinese central bank the People's Bank of China was planning to encourage the organization the International Monetary Fund (IMF) to recognize the Chinese currency the yuan as a reserve currency according to a report issued in June 2015. According to the article, the People's Bank of China planned to permit greater freedom to foreign entities to sell yuan-denominated debt in China and offer domestic firms more ability to issue bonds in foreign countries. The article also discusses an IMF review of currencies making up its Special Drawing Rights (SDRs).

The article looks at the economic impact of the People's Bank of China's (PBOC) decision to cap the yuan, China's currency, against the U.S. dollar. It states that the currency experienced fast appreciation ahead of the November 2012 U.S. presidential election and many investors think the yuan should be allowed to continue its rise. Ensuring financial stability and preventing economic turmoil and social unrest are considered reasons for the decision.

The article reports that the People's Bank of China (PBOC) fixed the Yuan to U.S. dollar rate at 6.4628 with a gain of 0.52 percent. It notes that the currency fix by the PBOC will allow the yuan to trade within the 2 percent band in onshore markets. Analysts say that the strengthening of the yuan is temporary since it weakened in later trading to 0.3 percent in offshore markets. It mentions that the yuan's devaluation in August 2015 resulted in a global sell off in the stock markets.