News Snapshot:
A new research paper broke down how China can boost the standing of the yuan as a global reserve currency. One way this can happen is if China builds credibility that the yuan and dollar have a stable conversion rate. Dollar dominance on the world stage won't be going away, but the yuan can still gain status in international use, the authors said. Get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading.
