Question
By 2015, the International Monetary Fund (IMF) had decided to include RMB in the special drawing rights (SDR) basket, classifying it as freely usablewidely used
By 2015, the International Monetary Fund (IMF) had decided to include RMB in the special drawing rights (SDR) basket, classifying it as freely usablewidely used globally and traded in the major exchange markets. Do you see RMB as the next major international reserve currency in the next 10 years? Please discuss what issues need to be addressed for RMB to become a major reserve currency?
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Long Term Care Your Financial Planning Guide
Authors: Phyllis Shelton
1st Edition
978-0963351692
