The United States Dollar (USD) is the world's primary reserve currency and the main medium of exchange in international trade. Its issuance is controlled by the Federal Reserve. Due to its high liquidity, the dollar is used as a benchmark for pricing most other assets.
The Chinese Yuan (CNY), also known as Renminbi, is the official currency of the People's Republic of China. With China's growing economy, the yuan is gaining increasing importance in international settlements and is part of the IMF's SDR basket.