Euro to Bear Brunt of Yuan's Inclusion in Reserve-Currency Club

  • IMF taking from the euro to give to China, Borthwick says
  • Shared currency has dropped 13% this year, most in a decade

New Dawn for China as Yuan Joins Majors

The euro’s worst year in a decade is looking even grimmer after the Chinese yuan’s inclusion in the International Monetary Fund’s basket of reserve currencies.

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