The International Monetary Fund said on Saturday it has increased the weighting of the dollar and Chinese yuan in its review of the currencies that make up the valuation of its Special Drawing Rights ...
The two criteria all had, to a great extent, a bearing on the failure for the inclusion of the renminbi into the SDR basket. If the renminbi could be included in the SDR basket of reserve currencies, ...
The International Monetary Fund (IMF) will hold a board meeting on Nov 30 to consider whether the RMB should be included in the Special Drawing Rights basket. The IMF Managing Director Christine ...
Chinese one yuan coins and 100 yuan banknotes are seen in this picture illustration taken in Beijing December 30, 2010. REUTERS/Petar Kujundzic/Files By Paul Taylor BRUSSELS (Reuters) - China is ...