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Tag: SDR

Yuan’s inclusion in SDR currency basket – 10 Quick Facts

December 4, 2015April 17, 2017 deenazaidiChina

Yuan’s inclusion in IMF currency basket is a relief to China’s economy. China is on its transition path from a more state governed economy to a more market oriented one. The inclusion also marks the entry of the first emerging market in a group of developed ones.

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