(VOVworld) – The International Monetary Fund (IMF) has officially added the Chinese currency, the renminbi, to the organization’s Special Drawing Right (SDR) basket. This move acknowledges China’s important role in the...
(VOVworld) - The International Monetary Fund (IMF) on Friday announced the launch of the new Special Drawing Right (SDR) basket including the Chinese currency, the renminbi (RMB)
(VOVworld) - The International Monetary Fund on Monday said it had adopted a new methodology for calculating the currency amounts in the Special Drawing Rights (SDR) the fund uses for transactions
(VOVworld) – The International Monetary Fund has decided to include the Chinese Yuan in the Special Drawing Rights basket (SDR). The Yuan has become the 5th currency in SDR together with the US dollar,...
(VOVworld) - The International Monetary Fund (IMF) agreed Monday to add the Chinese yuan to its reserve currency basket, known as Special Drawing Rights (SDR)