Tag "currency basket"

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Asia Pacific Finance

US, China at odds as IMF currency basket decision approaches

The Chinese yuan looks poised to join a symbolically important international currency basket but differences over its valuation remain between the US and China. US Treasury Secretary Jack Lew made

Economics South and Central Asia

Kazakhstan Pegs Tenge to Foreign Currency Basket

Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will