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What Happens to the Yuan Now?
- Source :
-
Wall Street Journal - Eastern Edition . 12/2/2015, Vol. 266 Issue 130, pC1-C4. 2p. 1 Color Photograph, 1 Graph. - Publication Year :
- 2015
-
Abstract
- The article discusses the value of the Chinese currency the yuan following the decision of the group the International Monetary Fund (IMF) to add the yuan to its basket of reserve currencies, known as Special Drawing Rights (SDR), in late 2015. According to the article, the Chinese central bank the People's Bank of China (PBOE) pledged on December 1, 2015, to keep the yuan stable. The article presents comments from PBOE deputy governor Yi Gang.
- Subjects :
- *RENMINBI
*SPECIAL drawing rights
*TWENTY-first century
CHINESE economic policy
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 266
- Issue :
- 130
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 111305919