Chinese Yuan could take over as the world's reserve currency: Experts
2011 November 14 17:42:18 | 603 Views
Polls
Related Stories
- Chinese want to extract Lupane gas deposits | 2012 April 03 16:40:27
- Chinese govt donates $14M worth of food to Zim | 2012 February 19 11:17:58
- ZFTU officials bash Chinese national with a chair | 2012 February 09 16:34:00
- ZIMBABWE: To Yuan or Not to Yuan, That is the Question | 2012 February 05 14:24:39
- Five Chinese face deportation in Zim | 2012 January 30 01:51:56
- Zimbabwe could adapt Chinese currency | 2012 January 28 10:07:26
- Chinese weapons shipment to Zimbabwe - 2008 Documents | 2012 January 17 01:03:53
- South African MP calls on Zuma to stop Chinese execution | 2011 December 11 12:51:21
- Zim bank governor, Gono, urges use of Chinese currency | 2011 November 29 08:21:01
Most Viewed
- Lobels shuts down in Harare | 2012 April 10 10:22:10 | 3134 views
- Another diamond mine for Zimbabwe | 2012 April 16 08:24:13 | 2849 views
- Mugabe family's factory commissioning soon | 2012 April 27 14:08:48 | 2699 views
- Surprise as dollarised Zimbabwe sets up monetary policy committee | 2012 April 12 12:11:02 | 2589 views
- Ndlovu takes over at RioZim | 2012 April 20 10:47:41 | 2446 views
- Australian Man (42) arrested for illegal possession of company in Zimbabwe | 2012 April 16 02:03:12 | 2266 views
- TM's rebranding to Pick 'n Pay will take 3 years | 2012 April 17 07:07:09 | 2162 views
- Coke and Pepsi change recipe to avoid cancer warning | 2012 April 22 13:22:22 | 2153 views
- Zimbabwe's AAG in Britain | 2012 April 08 08:11:42 | 1956 views
- Local workers and foreign employers in labour wars | 2012 April 08 12:43:50 | 1925 views
Experts believe the Yuan could take over as the world's reserve currency if China can meet expectations.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.
Source: xinhua
Comments
Latest News
Man (32) caught red handed sexually harassing a dog - In a rare case o...
by Staff reporter | 2012 May 17 | 156 ViewsZimbabwe to revise economic growth downwards - HARARE - Zimbabwe's eco...
by Nare Msupatsila | 2012 May 17 | 170 Views
Zanu-PF Politburo meeting latest - The extraordinary Zanu-PF Politbur...
by Staff reporter | 2012 May 17 | 648 Views
Zim students awarded with U.S. scholarships now helping underprivileged children
by VOA | 2012 May 17 | 356 Views
Girl (12) claims she ate human flesh and bathed in blood - Fear has gr...
by Staff reporter | 2012 May 17 | 1216 Views
Zimbabwean re-arrested after escaping from police cells in Botswana
by Staff reporter | 2012 May 17 | 619 ViewsCommuter omnibus rams on to a haulage truck at high speed - 6 people ...
by Staff reporter | 2012 May 17 | 772 Views
Teenager (13) raped by man (45) she met on Twitter - Johannesburg - A ...
by Sapa | 2012 May 17 | 1219 ViewsSibanda castigates Njelele 'renegades' - The leader of the Zimbabwe Wa...
by Staff reported | 2012 May 17 | 704 Views
Hubby burns house down as wife refuses him to read her letter
by Alois Sibanda | 2012 May 17 | 1477 Views
iBlogs
FIBROID
Fibroid are non-cancerous or benign tumors that grow from the muscle layers of the womb (uterus). Fibroids are growths of smooth muscle and fibrous tissue. Fibroids can vary in size, from th...1
Entertainment
Nyaminyami script almost complete says Cont Mhlanga
The director of Amakhosi C...Zim kwaito outfit back with new album - One of the first Zimbabwean mu...
by Staff reporter | 2012 May 15 | 480 ViewsDJ Cleo dates his Zimbabwe fans - Popular South African disk jockey an...
by Showbiz | 2012 May 14 | 941 ViewsDStv warns of possible signal loss - MultiChoice is warning DStv subsc...
by channel24 | 2012 May 14 | 1268 Views
