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.
17.01: The FTSE 100 closed down 3 per cent or 199.41 points at 6138.69 after a tumultuous day on markets following the UK vote to leave the EU.
British holiday-makers abroad say they have been told they cannot exchange their money because of market chaos following the Brexit decision.
By Adam Satariano, Jeremy Kahn and Edward Robinson At Second Home, a co-working space for startups in a trendy part of East London, young tech workers were discussing the ramifications of the Brexit vote as a gourmet ice cream truck served fresh ...