The International Monetary Fund is to reweight the currencies in the Special Drawing Rights (SDR) basket
– Will be rebalanced on October 1
– It will include the yuan, gi ving the official stamp of approval to its status as a ‘Reserve Currency’
–
Forex – financial instrument.Forex news
The International Monetary Fund is to reweight the currencies in the Special Drawing Rights (SDR) basket
– Will be rebalanced on October 1
– It will include the yuan, gi ving the official stamp of approval to its status as a ‘Reserve Currency’
–