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A vital step toward yuan's internationalization [Copy link] 中文

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Post time 2016-10-9 02:52:15 |Display all floors
The yuan was included in the International Monetary Fund's Special Drawing Rights currency basket on Oct 1. According to the IMF, the US dollar will now comprise 41.73 percent (down from 41.9 percent) of the SDR currency basket, the euro 30.93 percent (down from 37.4 percent), the yen 8.33 percent (down from 9.4 percent), the pound sterling 8.09 percent (down from 11.3 percent), ...

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Post time 2016-10-9 02:52:32 |Display all floors
USD should have been 30% and RMB 15%

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