Tag "SDR"
Asia Pacific
Finance
Yuan turbulence bolsters China’s liberalisation efforts
The PBoC decided in mid-2015 to weaken the peg to the US dollar, triggering a yuan devaluation and market turbulence, but also opportunities for investors.
Finance
International
Impacts of the yuan’s inclusion in the SDR currency basket
The IMF has now recognized the yuan as a global reserve currency but is the move largely symbolic? Last week, the IMF announced that the yuan (also called the renminbi)
Finance
International
Is the time ripe for a new global reserve currency?
China’s push for the adoption of a super-sovereign reserve currency points to a possible larger role for IMF’s Special Drawing Rights (SDR). The current international monetary system is a historical
