In its first regular review of the IMF's SDR valuation, the Yuan share climbed from 10,92% to 12,28% IMF increased the Chinese Yuan's weighting in the Special Drawing Rights (SDR) currency basket ...

The renminbi was to join the select basket of currencies (previously comprising the US dollar, euro, Japanese yen, and British pound sterling) that constitute the IMF’s artificial currency unit, the ...

SDR value will be based on a weighted average of the currencies basket comprising the dollar, Euro, Chinese Yuan, Japanese yen, and British pound The International Monetary Fund (IMF) has ...

The US dollar, the yen and the British pound are the other currencies in the IMF’s Special Drawing Rights (SDR) basket; the currencies the IMF hands out in loans. The RMB was added to the pile on ...