06 October 2016

Historical Milestone: IMF launches new SDR basket including China's RMB

MAJOR CHANGE
Published on Sep 30, 2016
Views:1,413
The International Monetary Fund (IMF) on Friday announced the launch of the new Special Drawing Rights (SDR) basket that includes the Chinese currency Renminbi (RMB), calling it “an important and historical milestone” for China, the IMF and the international monetary system.
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