Chinese Yuan has become the official reserve currency as its gets included in the special drawing rights (SDR) basket.
Yuan's share is the third biggest in the basket with 10.92 percent. This also means that the official interest rate for IMF loan moved up.


South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision




