IMF leaves door open to renminbi inclusion in SDR basket

imf-2
The IMF

Hurdles remain for the renminbi to be included in the International Monetary Fund's special drawing rights (SDR) basket, but the fund indicated in a report on August 4 that it is open to the idea of including the currency from 2016.

In presenting its report on some "initial considerations" on the forthcoming five-yearly SDR review, due later this year, the IMF was careful to avoid coming down one way or another on the renminbi question, which has been the subject of intense speculation in recent

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: