China to Allow Direct Conversion Between Yuan and Swiss Franc
China took another step to boost the yuan’s global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International...
View ArticleDemand unlikely to boost yuan despite basket inclusion
The International Monetary Fund's decision to include the yuan in the Special Drawing Rights basket will not directly increase the demand for yuan assets. Also, the implicit endorsement of the yuan as...
View ArticleNews Analysis: World ready for Chinese yuan's inclusion into SDR
BEIJING, Nov. 26 (Xinhua) -- On Nov. 30, the executive board of IMF will convene to decide whether the RMB should be included in its Special Drawing Right (SDR) basket, currently comprised of the euro,...
View ArticleIMF poised to put Chinese yuan in elite currency basket
The International Monetary Fund is expected to approve inclusion of China's yuan in its SDR basket of elite currencies on Monday, rewarding Beijing's strong pursuit of the global status. The IMF...
View ArticleYuan poised for elite status
Monday, November 30, 2015  Newsfeeds Contact Us About Us Archive Site Search Yuan poised for elite status Monday, November 30, 2015 The International Monetary Fund is expected to approve the...
View ArticleYuan expected to get low SDR weighting
The yuan is expected to be a shoo-in for the International Monetary Fund's reserve currency basket after its managing director Christine Lagarde's public endorsement of the currency, but its inclusion...
View ArticleChinese yuan likely to be added to IMF special basket of currencies
China hopes stamp of approval will improve yuan’s desirability among investors and undermine hegemony of US dollar as global reserve currency...
View ArticleThe IMF is poised to put Chinese yuan in an elite currency basket
Washington (AFP) - The International Monetary Fund is expected to approve inclusion of China's yuan in its SDR basket of elite currencies on Monday, rewarding Beijing's strong pursuit of the global...
View ArticleSix key things to know about the vote on China’s yuan joining the IMF basket...
The International Monetary Fund’s executive board is likely to vote on Monday on whether China’s yuan will be included in its basket of international currencies. The renminbi’s inclusion in the Special...
View ArticleIMF poised to put Chinese yuan in currency basket
The IMF is today expected to approve the inclusion of China’s yuan in its reserve currency basket, rewarding Beijing’s strong pursuit of the global status. The IMF executive board is scheduled to meet...
View ArticleDid the Yuan Really Pass the IMF Currency Test? You'll Know Soon
International Monetary Fund Managing Director Christine Lagarde and some two dozen officials on the fund’s executive board will gather Monday at headquarters in Washington for one of the...
View ArticleIMF approves China's yuan for currency basket
The Executive Board of the International Monetary Fund (IMF) today completes the regular five-yearly review of the basket of currencies that make up the Special Drawing Right (SDR). A key focus of the...
View ArticleIMF to add yuan to basket of reserve currencies
The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for...
View ArticleIMF gives China's currency prized reserve asset status
By Krista Hughes WASHINGTON (Reuters) - The International Monetary Fund admitted China's yuan into its benchmark currency basket on Monday, in a victory for Beijing's campaign for recognition as a...
View ArticleIMF approves China’s yuan for currency basket in win for Beijing
(From Reuters) The International Monetary Fund on Monday admitted China’s yuan into its benchmark currency basket in a victory for Beijing’s campaign for recognition as a global economic power. The...
View ArticleIMF approves China's yuan as reserve currency
The International Monetary Fund has approved China's yuan into its elite reserve currency, in a decision hailed as "an important milestone" for the world's second largest economy. With the decision,...
View ArticleIMF likely to add yuan to basket
China’s efforts to make the yuan an international currency on a par with the US dollar is to receive a fillip, with the IMF widely expected to add it to a special basket of global currencies. Analysts...
View ArticleIMF admits China's yuan into benchmark currency basket
The International Monetary Fund has admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power. The IMF's executive board...
View ArticleIMF approves inclusion of China's RMB in SDR basket
WASHINGTON, Nov. 30 (Xinhua) -- The International Monetary Fund (IMF)'s executive board on Monday approved the inclusion of China's currency renminbi (RMB) in its Special Drawing Rights (SDR) basket as...
View ArticleIMF approves China's yuan as elite reserve currency
The International Monetary Fund welcomed China's yuan into its elite reserve currency basket Monday, recognizing the ascendance of the Asian power in the global economy. The yuan, also known as the...
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