Back to Search Start Over

What Happens to the Yuan Now?

Authors :
LINGLING WEI
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.

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