IMF welcomes yuan to reserve currency basket

IMF welcomes yuan to reserve currency basket
02 December 2015, Lagos – The International Monetary Fund (IMF) on Monday,welcomed China’s yuan into its elite reserve currency basket, recognising the ascendance of the Asian power in the global economy. The yuan, also known as the renminbi, will join the US dollar, euro, Japanese yen and British pound in the basket of currencies the IMF […] More »
IMF welcomes yuan to reserve currency basket IMF welcomes yuan to reserve currency basket Reviewed by Crude Oil Facilitators on 19:38 Rating: 5

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