Tag Archives: TPP

IMF approves inclusion of RMB in SDR

5 Things to Know About China & SDR

5 Things to Know About China & SDR

UPDATE February 18, 2016:  China’s Foreign Exchange Reserves Dwindling Prior to the IMFs meeting in Lima, Peru in October the IMF agreed China could re-approach the discussion in October 2016.  Instead, yesterday IMF Approves China Inclusion in SDR (the basket of currencies known as  Special Drawing Rights).  You can read more about the SDR here.   For some

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