Thando Radio Show – Are You Concerned About The New Status Of The Chinese Renminbi (Yuan)?

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11-30-2015 2-42-32 PM
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Topic: Why should you care or be concerned that the Chinese Renminbi (Yuan) is now a part of the IMF’s basket, of currencies with reserve status.

WASHINGTON—The International Monetary Fund on Monday is adding the Chinese yuan to the basket of elite currencies comprising its lending reserve, marking a milestone in the country’s ascendancy as a global economic power. More…

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