Sunday, 22nd, 2024 | 5:46PM Updated

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

After recording an 8.9-percent slump in exports last July, China overhauled its exchange rate formation mechanism.
China to Stabilize Yuan for Reserve-Currency Status

China is expected to receive remittances from overseas Chinese worth $66 billion, according to the World Bank.
World’s Economies Anticipate RMB Internationalization

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