1 December 2015
Article
Renminbi Added to the SDR
Renminbi Added to the SDR by Vina Cheung, Global Head of RMB Internationalisation, HSBC The inclusion in December of the renminbi into the Special Drawing Rights (SDRs), a reserve asset managed by the International Monetary Fund, is a major milestone in China’s mission to globalise its currency. The decision has been a long time coming, […]