Currencies
Currencies News
For Currency Traders, Central Bank Talk Is Anything But Cheap
The central-bank calendar is once again setting the agenda for foreign-exchange traders.
What Will It Mean for the Yuan to Get IMF Reserve-Currency Nod?
International Monetary Fund representatives have given China strong signals that the yuan is likely to soon join the fund’s basket of reserve currencies, known as Special Drawing Rights, Chinese officials with knowledge of the matter told Bloomberg News this week. Here’s a primer on what that means.