Daily Archives: December 25, 2015

China’s currency has now been included into the basket of currencies that the International Monetary Fund (IMF) uses to back up its Special Drawing Rights (SDRs), which is actually a new World Currency. This is a huge triumph for China. This move puts the Chinese Yuan on the same par as the U.S. Dollar, the English Pound, the Japanese Yen and the E.U. Euro. This makes China a major player in the world’s financial arena...