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SDR basket entry to help discover Yuan’s value – PBOC official

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - China Central Bank (PBOC) official is now on the wires via Reuters, talking up the Chinese yuan in light of the recent inclusion in the IMF’s SDRs basket.

    Following are the headlines as he speaks:

    Yuan’s entry into IMF sdr basket will be starting point of china's financial reforms

    SDR basket entry will help discover the yuan's value
    For more information, read our latest forex news.

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