Joining the VIP Club: Implications of RMB Becoming an IMF Reserve Currency

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Joining the VIP Club: Implications of RMB Becoming an IMF Reserve Currency

Postby kreslik.news » Tue Aug 30, 2016 12:11 pm


The following is an excerpt from the brand new FM Intelligence Report on China.

China is gradually changing and opening its doors to the world in an effort to stabilize the financial sector and effectively fight the ongoing economic stagnation. Already in October 2016, the Chinese currency RMB will complete the basket of SDR (Special Drawing Right) currencies of the International Monetary Fund (MFW).

Finance Magnates in the latest issue of the Quarterly Industry Report seeks to answer the question how it could affect the trading industry.

[i][b][u]Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. ... ([url=http://www.financemagnates.com/forex/analysis/joining-vip-club-implications-rmb-becoming-imf-reserve-currency/]read more)

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