September 18, 2015
Reuters Highlights Event on Chinese Currency in Today's Markets
Jin Zhongxia, executive director for China on the IMF's policymaking board, said China would respect the IMF's decision on whether to include the yuan currency in the Special Drawing Rights (SDR) basket, but was hoping for a positive outcome.
The yuan, also known as the renminbi, was already ranked as a top exporting currency, he said.
"More importantly, China can potentially satisfy all of the operational requirements for being a reserve currency in the SDR basket," Jin said at an Atlantic Council event.