Thursday, 2nd, 2024 | 8:52PM Updated

The International Monetary Fund is set to include the Chinese yuan as part of its reserve currency basket starting October.
IMF to Recognize Yuan as Reserve Currency Despite Concerns

IMF Managing Director Christine Lagarde announced the inclusion of the Chinese renminbi in the SDR basket on Monday, Nov. 30.
China Ready to Cope with Risks on Yuan Inclusion in SDR

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