IMF approves China`s yuan as elite reserve currency
China, the world`s second-largest economy, asked last year for the yuan to be added to the Fund`s Special Drawing Rights basket.
Dec 01, 2015, 09:21 AM IST
IMF staff urges no rush to add China yuan to currency basket
The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms.
Aug 05, 2015, 11:29 AM IST
China's RMB swiftly developing as major world currency: Report
The RMB is currently the fifth-most widely used currency internationally.
Jul 21, 2014, 11:39 AM IST
