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Weekly Business

Tuesday, August 11, 2015

FINANCE
IMF Postpones Making Yuan a World Currency

THE International Monetary Fund (IMF) has delayed deciding on whether or not to adopt the Chinese yuan as a reserve currency until September 2016. The decision was made after IMF officials declared they needed more information before making a decision. "This is in order to avoid any money market disturbances," one IMF official explained, as quoted by Reuters last Wednesday.

arsip tempo : 171577237828.

. tempo : 171577237828.

FINANCE
IMF Postpones Making Yuan a World Currency

THE International Monetary Fund (IMF) has delayed deciding on whether or not to adopt the Chinese yuan as a reserve currency until September 2016. The decision was made after IMF officials declared they needed more information before making a decision. "This is in order to avoid any money market disturbances," one IMF official explained, as quoted by Reuters last Wednesday.

Currently, the US doll

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