Jump to content


Photo
- - - - -

Renminbi in SDR 10.92%


  • Please log in to reply
No replies to this topic

#1 Liza

Liza

    Grizzly Bear

  • Members
  • PipPipPip
  • 3,300 posts

Posted 01 September 2016 - 09:39 AM

October 1, 2016 the Chinese renminbi (RMB) is determined to be a freely usable currency and will be included in the SDR basket as a fifth currency, along with the U.S. dollar, the euro, the Japanese yen and the pound sterling. A short-term RMB instrument will also be added to the SDR interest rate basket. The Board decided to launch the new SDR basket on October 1, 2016 to provide lead time for the Fund,

 

•U.S. dollar 41.73 percent
•Euro 30.93 percent
•Chinese renminbi 10.92 percent
•Japanese yen 8.33 percent
•Pound sterling 8.09 percent

 

www.imf.org/external/np/exr/faq/sdrbsktfaq.htm

l
 






0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users





Stock market portfolio giving you the runs? See Dr. Stool.
The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!