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SDR basket
An employee counts Chinese one-hundred yuan banknotes at a currency exchange store in Hong Kong.
IMF Officially Includes Chinese Renminbi in SDR Basket of Currencies

ByManny Salvacion | Oct 05, 2016 10:24 PM EDT

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

ByManny Salvacion | Dec 03, 2015 06:33 AM EST

The IMF Executive Board has approved the Chinese yuan to be used as a major world currency to be included in the Special Drawing Rights (SDR) basket.
Chinese RMB Gets IMF Approval as Major World Currency

ByManny Salvacion | Dec 01, 2015 07:58 AM EST

The continuing decline in the value of the Chinese yuan has started to affect the larger public, including overseas travelers
Renminbi on Its Way to Becoming a Global Currency, Following U.S. Dollar’s Path

ByManny Salvacion | Oct 28, 2015 08:46 AM EDT

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