The 2015 IMF Meeting is currently underway in Lima, Peru. There was much anticipation regarding an announcement slated for October 20th regarding The IMF SDRs & China.
China would like to join the currencies which make up the IMF’s Special Drawing Rights (SDR). The IMF notified China in August that they would re-consider inclusion on September 30, 2016.
This short presentation explains where China stands now and what the IMF is looking for China to do to become part of the SDR.
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