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IMF Special Drawing Rights
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.
China Intensifies Financial Market Liberalization

ByEL Borromeo | Dec 05, 2015 09:39 PM EST

China hopes to make the yuan one of the currencies in the IMF's basket of currencies.
More Central Banks Will Hold Assets in Chinese Currency: Economists

ByEL Borromeo | Nov 17, 2015 07:51 AM EST

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