Sunday, 22nd, 2024 | 5:16PM 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

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

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