IMF says no firm date for yuan SDR review

Beijing

THE International Monetary Fund's Beijing office said no date has been set for reviewing whether to include the Chinese yuan in its reserve currency basket, responding to a report in local media that the review would be delayed.

The Chinese government has set its sights on securing a place for the yuan in the basket alongside the US dollar, the euro, the British pound and Japanese yen as part of its goal of raising the international profile of the currency.