Federal Reserve

China's yuan is swiftly becoming a major international currency, but it's still far behind the dollar and euro.

"Yesterday the International Monetary Fund designated the Chinese yuan as one of the global currencies used to calculate the value of Special Drawing Rights. This event may portend a significant reordering of the world's monetary system, and serve as a recognition that the US dollar's ongoing status as the world's reserve currency is not guaranteed."

It can't last.

Theory the IMF move is about helping China cover up its problems with inflation it can export to the world.

Hackers attack three Greek banks and demand ransom.