Yuan's SDR inclusion, Swiss KOF disappoints

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events Yuan to get included to the SDR (by Arnaud Masset) Even if the ECB and the US NonFarm payrolls will gather the entire market’s attention this week as the IMF is expected to include the renminbi in Special Drawing Rights Basket. The Chinese currency will therefore join the USD, the EUR, the GBP and JPY in the IMF’s basket. The question now is to determine the weight of the yuan in the basket. If the IMF uses the present formula, which is supposed to capture the prominence

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