RMB inclusion into SDR "not enough to weaken" greenback

30 November 2015 | 2 minutes read

Asset manager Amundi believes that the yuan’s chances of being included in the International Monetary Fund’s prestigious Special Drawing Rights (SDR) basket is “very high”, with the body set to meet today. Amundi chief economist Asia ex-Japan Mo Ji estimates that the share of yuan in the SDR will be around 10%, with China’s 2 trillion export volume taken into…

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