Stowvat Investments Limited: IMF approves China’s yuan as elite reserve currency

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

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Monday, 30 November 2015

IMF approves China’s yuan as elite reserve currency

30 November 2015, Lagos – The International Monetary Fund welcomed China’s yuan into its elite reserve currency basket on Monday, recognizing the ascendance of the Asian power in the global economy. The yuan, also known as the renminbi, will join the US dollar, euro, Japanese yen and British pound in the basket of currencies the IMF […] More »