Financial

IMF Adds Yuan to Basket of Reserve Currencies

The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan.

by Equedia1 minute read

IMF Adds Yuan to Basket of Reserve Currencies
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The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan.

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