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IMF said to give China strong signs of yuan as reserve currency

Discussion in 'Market News' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Bloomberg reports, citing unnamed Chinese officials The IMF has told China that the yuan is likely to be included in the SDR reserve currency basket soon. Officials are so confident of winning approval, they've begun preparing statements to celebrate the decision.

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