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IMF expected to include yuan in SDR basket

Monday, November 30, 2015 - 05:50

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The International Monetary Fund (IMF) is expected to approve inclusion of China's yuan in its SDR basket of elite currencies on Monday, rewarding Beijing's strong pursuit of the global status.

Washington

THE International Monetary Fund (IMF) is expected to approve inclusion of China's yuan in its SDR basket of elite currencies on Monday, rewarding Beijing's strong pursuit of the global status.

The IMF executive board is scheduled to meet Monday to decide on the

sentifi.com

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