Later this year, the International Monetary Fund (IMF) will consider including China’s currency (known alternately as the yuan, renminbi, RMB) in the basket of currencies that make up its Special Drawing Rights (SDRs). SDRs were created about 50 years ago largely as substitutes for disappearing gold reserves. Currently, the SDR [...]
from http://ift.tt/1LuKwbL
No comments:
Post a Comment