PBOC’S Zhou: Yuan should have “certain international staus”

The head of the Chinese central bank says that the CNY should “have a certain international status”.

He’s why it doesn’t: It’s fixed to the dollar. Let it float, and it will become an important currency in international trade overnight.

Also on the wires, the much-followed George Soros says he sees the current economic recover a liable to run out of steam, and that a double-dip is possible.