Q&A: Chinese yuan set to join IMF currency basket
by Katie Allen from on (#W65V)
A vote to include the yuan in the International Monetary Fund's basket of elite currencies looks set to to pay off
Shareholders in the Washington-based International Monetary Fund have voted to admit the yuan, also known as the renminbi, as the fifth member of its special drawing rights (SDR) currency basket alongside the US dollar, the Japanese yen, sterling and the euro.
Related: Chinese yuan to join elite global currency club
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