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Your position:Home > News > Industry News > IMF approved add RMB into SDR .....

IMF approved add RMB into SDR basket

  • Author:Charlotte
  • Source:http://www.bluraysupplier.com/
  • Release on :2015-12-02
IMF's executive board approved on Monday the inclusion of China’s currency renminbi(RMB)
in its Special Drawing Rights (SDR) basket as an international reserve currency.

With SDR led renminbi internationally recognized and promote the the freely use in international. Enterprises and
People will enjoy substantial benefits in investment and consumption.
1. RMB assets more "valuable."
2. Overseas travel, shopping more convenient(If you purchase our Optical drive, you can pay buy RMB.)
3. More opportunities Corporate investment and development
4. Can use directly use RMB for overseas shopping and financing.

From the consumer's point of view, after the inclusion of the RMB SDR, it is expected to further expand its pricing function.
Looking ahead, the Bank of Communications chief economist Lian Ping, expect more and more countries and regions will be recognized RMB
Or carry out various transactions with RMB wide, to the domestic people also bring convenience.
For businesses, after inclusion of the RMB SDR, enterprises in international trade or the greater use of the RMB settlement and valuation,
Help companies avoid the external market exchange rate fluctuations, fluctuations in foreign currencies no longer worrying.