Jamaica's Usain Bolt earned a double and claimed a record 10th gold medal with a convincing victory in the 200 meters on Thursday at the World Athletics Championships in Beijing, denying rival Justin Gatlin with a time of 19.55.
Foreign exchange markets facilitate the trade of one foreign currency for another. Most exchanges are made in bank deposits and involve U.S. dollars. Over a trillion dollars in foreign exchange trades take place every day; foreign exchange dealers handle most transactions.
China's renminbi (RMB - also known as the yuan) is poised to join the US dollar and the euro as one of the world's top three trading currencies as China will settle 30% of its annual trade in RMB, equivalent to USD 2 trillion.