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IMF says yuan on path to inclusion in SDR basket

WASHINGTON, April 16 (Reuters) - China's economic reform plans, including opening up its capital account and deepening financial markets, should help Beijing meet the IMF's criteria to join its Special...

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China's push to add renminbi to SDR basket nearing finish line

LIMA - Thanks to its push to internationalize the renminbi, China in recent years has seen places as far away as Santiago, Luxembourg, Ottawa and Kuala Lumpur become centers for trade involving the...

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Interview: China's financial reform plans sufficient to support RMB's...

by Xinhua writer Gao Pan WASHINGTON, Aug. 5 (Xinhua) -- Experts are cautiously optimistic that China's plans for further financial reforms would be sufficient to help its currency renminbi (RMB) meet...

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IMF urged to delay decision on adding China’s yuan to its basket of currencies

The International Monetary Fund should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016, an IMF staff report said, a move that would effectively end...

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News Analysis: China's push to add renminbi to SDR basket nearing finish line

by Chris Dalby, Mao Pengfei LIMA, Oct. 12 (Xinhua) -- Thanks to its push to internationalize the renminbi, China in recent years has seen places as far away as Santiago, Luxembourg, Ottawa and Kuala...

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IMF extends SDR update as it eyes inclusion of China's yuan

Washington (AFP) - The IMF said Wednesday that it had extended by nine months the scheduled revision of its elite currencies basket, giving more time for adjustment to the potential inclusion of...

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IMF experts recommend inclusion of Chinese yuan in elite currency basket

Washington (AFP) - IMF experts recommended Friday that the Chinese yuan be included in the Fund's SDR basket of currencies, backing a strong push by Beijing to join the elite grouping. Now the world's...

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IMF's review on inclusion of yuan in SDR basket underway

WASHINGTON - The International Monetary Fund (IMF) is conducting a comprehensive assessment over the Chinese currency, or yuan, in its special drawing right (SDR) review to decide whether the currency...

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IMF to review adding yuan to SDR basket in 2015

BEIJING, April 17 (Xinhua) -- Christine Lagarde, managing director of the International Monetary Fund, has endorsed China's efforts in the internationalization of the Chinese yuan. She says the IMF...

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China's financial reform plans sufficient to support yuan's inclusion into SDR

WASHINGTON - Experts are cautiously optimistic that China's plans for further financial reforms would be sufficient to help its currency renminbi (yuan) meet the International Monetary Fund's (IMF)...

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China’s yuan takes another step towards SDR basket inclusion

China’s currency, the yuan, took another step forward towards joining the elite group of global reserve currencies on Saturday when the International Monetary Fund’s (IMF) staff on Saturday recommended...

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China’s yuan takes another step towards SDR basket inclusion

China’s currency, the yuan, took another step forward towards joining the elite group of global reserve currencies on Saturday when the International Monetary Fund’s (IMF) staff on Saturday recommended...

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China’s yuan takes another step towards SDR basket inclusion

China’s currency, the yuan, took another step forward towards joining the elite group of global reserve currencies on Saturday when the International Monetary Fund’s (IMF) staff on Saturday recommended...

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China’s yuan takes another step towards SDR basket inclusion

China’s currency, the yuan, took another step forward towards joining the elite group of global reserve currencies on Saturday when the International Monetary Fund’s (IMF) staff on Saturday recommended...

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Backgrounder: Q&A on IMF's SDR Review

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...

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Chinese yuan to join elite global currency club

IMF chief says inclusion recognises Beijing’s progress at bolstering its monetary and financial systems...

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IMF 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...

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IMF experts recommend inclusion of Chinese yuan in elite currency basket

IMF experts recommended Friday that the Chinese yuan be included in the Fund's SDR basket of currencies, backing a strong push by Beijing to join the elite grouping. IMF chief Christine Lagarde said in...

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The dollar may soon lose status as single reserve currency as IMF approves Yuan

Earlier this year, the International Monetary Fund (IMF) called for a delay until at least well into 2016 before the Chinese Yuan would be recommended for inclusion in the Special Drawing Rights (SDR)...

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Backgrounder: Q&A on IMF's SDR Review

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...

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