Tag "IMF currency basket"
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)
Asia Pacific
Finance
US, China at odds as IMF currency basket decision approaches
The Chinese yuan looks poised to join a symbolically important international currency basket but differences over its valuation remain between the US and China. US Treasury Secretary Jack Lew made