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special drawing rights
A Chinese clerk counts renminbi yuan banknotes at a bank in Huaibei, Anhui Province.
Chinese Yuan Still in Top Five Currency List as Govt Intensifies Long-term Plan to Promote Currency Use

ByManny Salvacion | Jan 19, 2017 08:26 AM EST

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

China's foreign exchange reserves increased by $10.28 billion in March, a first in five months.
China’s Foreign Exchange Reserves See Unexpected Increase in March

ByEL Borromeo | Apr 08, 2016 10:20 PM EDT

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

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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

Xi is confident that the Chinese economy will be able to contribute its fair share of the load by creating development opportunities to aid other countries.
Xi and G20 Leaders Discuss Ways to Boost Global Economy

ByVanna Emia | Nov 16, 2015 08:07 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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