PBoC deputy governor says reforms will continue beyond SDR inclusion
Yi Gang welcomes IMF decision on SDR, says China will not ease off on reforms
People's Bank of China (PBoC) deputy governor Yi Gang has said financial reform will continue in the country, following the IMF's decision to include the renminbi in its special drawing rights (SDR) basket.
Speaking on December 1, in a press briefing, Gang expressed his happiness at the IMF executive board's decision, while emphasising the pace of reform will not slow as a result.
The deputy governor also noted there would be no change in the central bank's exchange rate regime as a result of
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