Chinese yuan

The Chinese yuan officially joined the USD, the Euro, the Japanese Yen and the British Pound Sterling as a global reserve currency.

This is an extremely important moment for Beijing in securing greater influence on the international stage, reported Reuters.

China and Turkey will renew a currency swap deal and expand its scale, according to a statement released by the Chinese central bank on Nov. 16, as reported by Reuters. 

The scale of the three-year agreement will expand to 12 billion yuan ($1.88 billion), based on the mutual consent, the People's Bank of China (PBOC) said in a statement.

China on Nov. 2 raised the daily reference rate for its yuan currency by the largest margin in a decade, officials and reports said, just three months after a surprise devaluation sent shockwaves through global markets.

BELGRADE - The National Bank of Serbia (NBS) included on Monday the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market as "Chinese yuan renminbi".

The Chinese currency has the standard code CNY and numerical designation 156.

Central bank introduces yuan to domestic forex market

BELGRADE -- The National Bank of Serbia (NBS) has included the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market.

BELGRADE - The National Bank of Serbia (NBS) Executive Board decided on Thursday to include the Chinese yuan in the list of foreign currencies that could be traded on the foreign exchange (forex) market.