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RBI Appointed Panel Suggests Steps For 'Internationalisation' Of Rupee
A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.
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Brexit Shock May Boost, Not Hinder, Yuan Internationalisation
London's role as a major offshore yuan hub is likely to survive Britain's decision to leave the European Union, but the vote could help foster the Chinese currency's internationalisation by encouraging multiple yuan hubs in the bloc.
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China Weighs Tax On Currency Trades: Report
China's central bank has drafted plans to impose a tax on currency trades, in what would be its latest volley against those betting on a depreciation of the yuan.
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Yuan's Inclusion in SDR Basket May Lead to Devaluation: Raghuram Rajan
The IMF on Monday admitted the yuan, also known as the renminbi, into to its SDR basket, where it joins the dollar, euro, pound sterling and yen, in a key step for China's integration into the global financial market.
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IMF Approves Yuan as Elite Reserve Currency
The International Monetary Fund welcomed China's yuan into its elite reserve currency basket on Monday, recognising the ascendance of the Asian power in the global economy.
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China's Yuan Takes Leap Towards Joining IMF Currency Basket
Currency analysts say making the yuan the fifth currency in the basket could eventually lead to global demand for the currency worth more than $500 billion.
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IMF Set for Green Light on China's Yuan Joining Currency Basket: Report
International Monetary Fund staff are set to give the all-clear for China's yuan to be included in the lender's benchmark currency basket, laying the groundwork for a favorable decision by policymakers, people familiar with the discussions said on Sunday.
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China to Accelerate Reforms to Support Yuan in IMF Currency Basket
China central bank governor Zhou Xiaochuan said Beijing would accelerate reforms to the country's currency to push for the yuan's inclusion in the International Monetary Fund's currency basket, known as special drawing rights (SDRs), the official Xinhua news agency reported on Saturday.
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RBI Appointed Panel Suggests Steps For 'Internationalisation' Of Rupee
A Reserve Bank-appointed committee on Wednesday suggested a host of short-term and long-term measures for internationalisation of Indian rupee, including efforts for inclusion of the Indian currency in IMF's Special Drawing Rights (SDR) basket.
-
Brexit Shock May Boost, Not Hinder, Yuan Internationalisation
London's role as a major offshore yuan hub is likely to survive Britain's decision to leave the European Union, but the vote could help foster the Chinese currency's internationalisation by encouraging multiple yuan hubs in the bloc.
-
China Weighs Tax On Currency Trades: Report
China's central bank has drafted plans to impose a tax on currency trades, in what would be its latest volley against those betting on a depreciation of the yuan.
-
Yuan's Inclusion in SDR Basket May Lead to Devaluation: Raghuram Rajan
The IMF on Monday admitted the yuan, also known as the renminbi, into to its SDR basket, where it joins the dollar, euro, pound sterling and yen, in a key step for China's integration into the global financial market.
-
IMF Approves Yuan as Elite Reserve Currency
The International Monetary Fund welcomed China's yuan into its elite reserve currency basket on Monday, recognising the ascendance of the Asian power in the global economy.
-
China's Yuan Takes Leap Towards Joining IMF Currency Basket
Currency analysts say making the yuan the fifth currency in the basket could eventually lead to global demand for the currency worth more than $500 billion.
-
IMF Set for Green Light on China's Yuan Joining Currency Basket: Report
International Monetary Fund staff are set to give the all-clear for China's yuan to be included in the lender's benchmark currency basket, laying the groundwork for a favorable decision by policymakers, people familiar with the discussions said on Sunday.
-
China to Accelerate Reforms to Support Yuan in IMF Currency Basket
China central bank governor Zhou Xiaochuan said Beijing would accelerate reforms to the country's currency to push for the yuan's inclusion in the International Monetary Fund's currency basket, known as special drawing rights (SDRs), the official Xinhua news agency reported on Saturday.
