WASHINGTON, June 24 (Reuters) - A more flexible yuan currency is important for China's development and reforms and monetary policy will be adjusted "in a dynamic way" to meet those goals, People's Bank of China (PBOC) Governor Zhou Xiaochuan said.
Credit rating agencies, in essence, rate a country on the strength of its economy. More specifically, they score governments (or large companies) on how likely they are to pay back their debt.
Sterling had its biggest drop in the era of free-floating currencies, equities fell and gold jumped as Britain's historic decision to leave the EU reverberated across financial markets.
British holiday-makers abroad say they have been told they cannot exchange their money because of market chaos following the Brexit decision.
The UK IT sector reacts with alarm, tempered by a calm pragmatism, to the British Referendum verdict to leave the European Union. Reporting by the Computer Weekly team.