China's central bank renews its March call for a new world reserve currency, and urges the IMF...

|By:, SA News Editor

China's central bank renews its March call for a new world reserve currency, and urges the IMF to manage more of its members' foreign-exchange reserves, adding to speculation China will diversify its massive $1.95T in reserves. Euro +0.8% vs. dollar. Yen +0.5%. Pound +0.8%.