Sources: AP
The Bulgarian government approves adopting the euro as the country's currency on January 1, 2024, replacing the lev. 2022-05-27
Wu Xiaohui, head of Chinese insurance firm Anbang, is jailed for eighteen years for fraud and corruption. He is further sentenced to have 10.5 billion yuan confiscated. 2018-05-10
The Central Bank of Russia announces it will start buying the Chinese yuan in an attempt to diversify its foreign-currency reserves away from the Euro and the U.S. dollar and to become less vulnerable to Western sanctions. 2016-07-5
Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago. 2015-12-9
The People's Bank of China devalues the Chinese yuan by two percent in an attempt to boost its economy, a move which could spark a currency war. 2015-08-11
Australian Prime Minister Julia Gillard, on a trip to Shanghai, China, announces that the Australian dollar is set to trade directly with the Chinese yuan, becoming the third currency to do so. 2013-04-8
Chinese artist Ai Weiwei pays 8.45 million yuan in taxes after receiving a large number of donations from supporters who believe the debt was politically motivated because of his criticism of the Chinese government. 2011-11-15
Chinese Vice Premier Wang Qishan welcomes U.S. Treasury Secretary Timothy Geithner to the port of Qingdao as the United States objects to what it labels the "artificial" value of China's own currency, the yuan. 2010-10-24
The United States dollar reaches a 15-year low against the Japanese yen and depreciates against a range of other currencies due to concerns about further quantitative easing by the United States Federal Reserve. 2010-10-7
The United States House of Representatives approves legislation that would lead to trade sanctions against China, which is accused of undervaluing the yuan. 2010-09-29