Money and china. Or how the IMF broke the bank
Posted: Tue Dec 01, 2015 1:30 am
The Chinese yuan will join a basket of the world's leading currencies, the International Monetary Fund announced Monday.
http://www.huffingtonpost.com/entry/chi ... 6578030740
"Ultimately China would like to see, as a number of countries would, the dollar end its reign as the global reserve currency," said Malcolm Polley, chief investment officer at Stewart Capital Advisors.
Read more at Reutershttp://www.reuters.com/article/2015/11/30/us-i ... Zhy8xBA.99
http://www.huffingtonpost.com/entry/chi ... 6578030740
"Ultimately China would like to see, as a number of countries would, the dollar end its reign as the global reserve currency," said Malcolm Polley, chief investment officer at Stewart Capital Advisors.
Read more at Reutershttp://www.reuters.com/article/2015/11/30/us-i ... Zhy8xBA.99