In its first regular review of the IMF's SDR valuation, the Yuan share climbed from 10,92% to 12,28% IMF increased the Chinese Yuan's weighting in the Special Drawing Rights (SDR) currency basket ...

SDR value will be based on a weighted average of the currencies basket comprising the dollar, Euro, Chinese Yuan, Japanese yen, and British pound The International Monetary Fund (IMF) has ...

The US dollar index — a gauge measuring greenback strength against a basket of major currencies — has dropped to its lowest level since November, shedding 4.5% from a mid-January peak.

The WSJ Dollar Index, which tracks the dollar against a basket of other currencies, rose 6% during the fourth quarter of 2024. While the index has come down from its latest peak in mid-January ...

systematic process to represent the global currency markets utilizing FX Spot, FX Forward and FX Non-Deliverable Forward (NDF) products. FX Allocation Indices contain predefined baskets with rules ...

The idea of a shared currency issued by the Brics nations (Brazil, Russia, India, China, South Africa) made headlines in late 2024 ahead of their conference in Kazan, Russia. Wanting to move away from ...