The IMF publishes illustrative currency amounts in the lead up to the transition date to assist SDR users in preparing for the changeover to the new SDR valuation basket. The table below shows ...
WASHINGTON (Reuters) - The International Monetary Fund is discussing ways to broaden the currency basket that makes up its Special Drawing Rights unit of account, part of broader efforts to modernize ...
The International Monetary Fund said on Saturday it has increased the weighting of the dollar and Chinese yuan in its review of the currencies that make up the valuation of its Special Drawing Rights ...
The executive board of the Washington-based International Monetary Fund (IMF) says it has completed a five-yearly review of the “basket of currencies” that make up the Special Drawing Right (SDR) and ...
The two criteria all had, to a great extent, a bearing on the failure for the inclusion of the renminbi into the SDR basket. If the renminbi could be included in the SDR basket of reserve currencies, ...
In late November, the IMF confirmed that China’s currency, the remnimbi or yuan, will be included in the IMF’s calculation (the ‘basket’) of the value of its international reserve asset, the Special ...
The International Monetary Fund (IMF) will hold a board meeting on Nov 30 to consider whether the RMB should be included in the Special Drawing Rights basket. The IMF Managing Director Christine ...
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