DINARESGURUS.BLOGSPOT.COM_________

Thursday, November 5, 2015

The currency markets are waiting to see if yen joins the SDR basket, 5 NOV

The currency markets are waiting to see if yen joins the SDR basket
Thu, November 5, 2015, 10:12 GMT | FXstreet

FXstreet (Bombay) - The International Monetary Fund (IMF) policy makers will meet in November to review whether or not to include the Chinese yuan in the basket of reserve currencies of the Fund.
The Chinese government has been pushing hard to secure a place for the yuan in the basket of Special Drawing Rights to increase the overall acceptability of the yuan so that more and more countries yuan to add reserves.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.