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    Why International Reach of the Yuan Currency is Slipping

    While it currently maintains its spot as the world’s fifth most active for international payments, its share of this market has still shown a decrease.

    ...ed the Chinese Renminbi to SDR in September, 2016. The Special Drawing Rights is an international type of monetary reserve that functions as a supplement to the already existing reserves of member countries. China’s inclusion in the basket of th...

    Tags: yuan,international monetary fund,foreign exchange,international currency,china

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    The Inclusion of the Yuan Currency in the Special Drawing Rights

    Introduction of the Chinese yuan into the SDR is the first currency addition since 1999.

    ...art with what the Special Drawing Rights were created to do. The SDR were created by the International Monetary Fund in 1969 to function as a supplement to the already existing reserves of member countries. The value of the SDR is determined based on ...

    Tags: yuan,china,renminbi,special drawing rights,international monetary fund,euro,pound,us dollar,yen

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    4 Unknown Ways to Transfer Funds with International Payments Corporations Can Use

    Explore all the international payment options your business should consider when transferring funds.

      Many corporations often become victims when transferring funds to an overseas vendor or supplier by paying in U.S. dollars. Don’t let your business fall into this trap, because the truth is there’s other cost-effective ways for yo...

    Tags: international payments,corporations,transfer funds,dual invoicing,cross border payments,repatriating funds,internal cross currency bank transfers

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    4 Industry Best Practices for International Payments

    Uncover all of your hidden international payment options.

    ...considered one of the most cost-effective and efficient ways to save the most with international payments. By paying with local funds your business will eliminate buffers vendors add for rate fluctuation.       ...

    Tags: international payments,dual invoicing,repatriating funds,cross border payments,liquidity provider,best practices

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    What does it Cost to Create Currency in The US

    Here is the cost breakdown for each US dollar bill.

      Have you ever stopped to think about where exactly does all the circulating currency in the United States come from? The money supply is controlled by the Federal Reserve System, but did you know the Treasury’s Bureau of engraving ...

    Tags: fun facts,currency,money,us dollar,federal reserve system,bureau of engraving and printing

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    9 Insane but True Facts about Currency

    Surprising terms used for currency that you've never heard of before.

      Did you know slang has been used to describe money for centuries? Giving us a wide range of expressions to use in reference to currency. There's many slang expressions you've probably never heard of before. Here's a full list ...

    Tags: currency,currency exchange,money,fun facts,economy,banknotes,foreign currency

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    Currency Exchange International Sponsors Orlando Strong

    United to show we support #OrlandoStrong by giving back to our community.

    ...cipated in the OrlandoStrong 5k run at the University of Central Florida (UCF) on Saturday, July 2. The event was to raise funds in support of those affected by the Orlando Pulse Nightclub shooting.     After hearing the ear...

    Tags: currency exchange international,orlando,orlandostrong,community,5k,run,sponsor,events,fundraiser,charity,community

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    China’s Currency Creeps Closer Towards Growth

    The Chinese yuan is indicating signals of reaching global reserve status.

    ...are causing nervousness within the IMF. The caution has prompted some IMF staff to raise the possibility that a vote by the fund's board due to take place in November could be delayed into early next year to give China more time to deliver reforms ...

    Tags: currency,currency exchange,money,economy,china,yuan,international monetary fund,asia,foreign exchange,foreign currency

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    Exactly How High Can Roller Coasters Go

    Altitude is taking the crown rather than speed. Check out the four tallest giga coasters put to test.

      The first giga coaster ever built, Millennium Force at Cedar Point was a game-changer in terms of what was possible with height in a ride. A cable lift pulls the train up to this height rather than the traditional chain lift. Cables are lighte...

    Tags: travel,leisure,roller coasters,adventure,theme parks,fun