国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

IMF chief supports inclusion of RMB into SDR basket

(Xinhua) Updated: 2015-11-14 16:10

WASHINGTON - Christine Lagarde, managing director of the International Monetary Fund (IMF), said Friday that the IMF staff has proposed the Executive Board to include the Chinese currency, the RMB, into its special drawing right (SDR) currency basket as a fifth currency and she supports it.

IMF staff assesses that the RMB meets the requirements to be a "freely usable" currency and, accordingly, the staff proposes that the Executive Board determine the RMB to be freely usable and include it in the SDR basket as a fifth currency, along with the British pound, euro, Japanese yen, and the U.S. dollar, the IMF chief said in a statement.

The staff also finds that the Chinese authorities have addressed all remaining operational issues identified in an initial staff analysis submitted to the Executive Board in July, said a paper issued to the Executive Board on the quinquennial review of the SDR on Friday.

"I support the staff's findings. The decision, of course, on whether the RMB should be included in the SDR basket rests with the IMF's Executive Board. I will chair a meeting of the Board to consider the issue on November 30," Lagarde said.

The People's Bank of China (PBOC), China's central bank, has expressed its welcome to Lagarde's welcome.

"The inclusion of the RMB in the SDR basket would increase the representativeness and attractiveness of the SDR, and help improve the current international monetary system, which would benefit both China and the rest of the world," said the PBOC in a statement.

"We hope the RMB's inclusion in the SDR basket will be supported by the international community," the PBOC said, adding that "China will continue to deepen economic reforms and promote financial opening up."

If the IMF Board agrees to include the RMB into the SDR basket this month, the actual effective date will be Sept 30, 2016.

In August, the IMF extended the current SDR valuation basket by nine months from Dec 31, 2015 to Sept 30, 2016 to facilitate the continued smooth functioning of SDR-related operations and the preparation for a possible new SDR currency.

The IMF reviews the currencies in the SDR basket every five years, and whether to add the RMB to the basket is a major issue for this year's assessment.

China will continue to support RMB's bid for inclusion in the IMF SDR basket and push ahead with capital account liberalization and the internationalization of RMB, according to the proposals recently unveiled on formulating the country's 13th Five-Year Plan (2016-2020).

Hot Topics

Editor's Picks
...
四子王旗| 古浪县| 五指山市| 忻城县| 松溪县| 历史| 岑溪市| 辽宁省| 渝北区| 牡丹江市| 夏河县| 铜鼓县| 铜川市| 绍兴市| 洪雅县| 晋州市| 都昌县| 江安县| 阿勒泰市| 玉环县| 汕头市| 米脂县| 闵行区| 珠海市| 金昌市| 寻甸| 玉环县| 天门市| 荥经县| 柯坪县| 神池县| 明光市| 武夷山市| 惠来县| 墨竹工卡县| 丹江口市| 得荣县| 平塘县| 边坝县| 泾阳县| 聂拉木县|