China's currency is poised to enter the big league of global currencies, according to the International Monetary Fund. The body charged with global monetary cooperation have recommended the yuan be included in its Special Drawing Rights (SDR) reserve-currency basket, alongside the US dollar, euro, pound and yen, IMF managing director Christine Lagarde said. Approval by the fund's board later this month is now all but certain, as major IMF shareholders including the US have said they will support...
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