Tag: reserve currency

China’s plan to increase the trading band in the renminbi bring more volatility to trading the currency, but also more opportunities to gain better prices.

Despite a half decade of financial disasters for the US, the dollar is still embedded as the world’s reserve currency.

Political brinkmanship in the US has already caused the dollar to wobble. While most believe the debt ceiling will be lifted, should this consistent dysfunction raise doubts over the long-term position of the US dollar as a reserve currency? CT asks the experts.