RMB DepreciationThe IMF welcomed the yuan as part of the world reserve currencies, opening up a ton of benefits for their economy.
Chinese Yuan RenminbiAussie Dollar Soars as China Unveils Key Exchange Rate Policy Changes Yen Gains on Haven Demand as Nikkei Falls, Fed-Speak the Likely Culprit Euro Looks Unlikely to.
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Chinese Currency YuanForex - Also known as the foreign exchange market, forex is an over-the-counter market.LONDON: A devaluation of the Chinese yuan and a sell-off in emerging market currencies is making investors re-evaluate whether they should still borrow euros at low.
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