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IPFS News Link • Economy - International

RMB inclusion in SDR would open way for investment by advanced economies

• http://www.centralbanking.com
The inclusion of the renminbi as a constituent currency of the International Monetary Fund's special drawing rights (SDR) is critical to more advanced-economy central banks following the Swiss National Bank's (SNB) move to diversify its reserves into Chinese currency assets, says Roman Baumann, head of that institution's Singapore office.

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