日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

IMF's review on inclusion of yuan in SDR basket underway

(Xinhua) Updated: 2015-04-20 10:01

WASHINGTON - The International Monetary Fund (IMF) is conducting a comprehensive assessment over the Chinese currency, or yuan, in its special drawing right (SDR) review to decide whether the currency will be included in the SDR currency basket or not, Zhu Min, deputy managing director of the IMF, said on Sunday.

"A serious and comprehensive review on the Chinese currency is underway," Zhu told Xinhua as the IMF and World Bank Spring Meetings are drawing to a close.

The SDR, an international reserve asset, currently comprises US dollar, Japanese yen, British pound and euro. Allocated to countries by the IMF, an SDR represents a claim to foreign currencies for which it may be exchanged in times of need.

According to the IMF, the selections of currencies for the SDR basket are based on two criteria -- the size of the country's exports and whether its currency is freely useable. The latter requires a certain degree of capital account convertibility.

During IMF's last review in 2010, the yuan met the export criterion, but not the freely useable criterion.

According to Zhu, the review this year will make full assessment on the use of yuan in commercial banks' liabilities, its share in global foreign exchange and derivatives transactions, its ranking in international reserves, and its proportion in the global bond market.

In addition to the technical statistics, the IMF will also review China's efforts to increase yuan capital account convertibility, said Zhu.

On Saturday, China's Central Bank Governor Zhou Xiaochuan said in a statement at the Spring Meetings in Washington that this year China plans to launch a series of reforms that target currently inconvertible items under the capital account, with the aim of further promoting capital account liberalization and making the yuan a more freely usable currency.

The IMF will fully evaluate China's capital account reforms in the SDR review, Zhu said.

As to when the yuan will be included in the SDR, Zhu said theoretically the SDR review will be concluded this year, but considering the complexity and the importance of the yuan, the IMF will remain flexible in terms of the timetable for the review.

Christine Lagarde, managing director of the IMF, said on Thursday that the Chinese authorities knew quite well what is desirable, what needs to be changed and improved in the monetary policy and in the financial sector in China.

"I believe what the Chinese authorities have actually indicated. ..will naturally be conducive to an assessment of whether or not the yuan is freely usable, which is as you know one of the key criteria," she said at a press briefing on the sidelines of the Spring Meetings.

The inclusion of yuan in the SDR has already received support from some advanced economies. During the Spring Meetings, British Finance Minister George Osborne said as part of the internationalization of yuan, it's sensible to see the yuan come into the basket.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产爆操 | 中文字字幕在线中文乱码 | 亚洲四虎影院 | 污片网站在线观看 | 亚洲欧美日本在线观看 | 欧美嫩草 | 一区二区三区精品在线 | 免费成人福利视频 | 欧美日韩在线免费 | 日韩资源在线 | 欧美午夜精品 | 欧美激情综合色综合啪啪五月 | 国产精品最新 | 蜜臀久久99精品久久久久久宅男 | 一区二区国产精品视频 | 精品免费一区二区三区 | 青青草自拍偷拍 | 国产99自拍| 日本熟妇毛茸茸茂密的森林 | 怡红院一区二区 | 校园春色亚洲色图 | 中文字幕在线观看国产 | 成人在线中文字幕 | 女18毛片 | 黄色一二三区 | 一区二区三区在线观看视频 | 欧美日韩在线播放 | 久久久久久久久97 | 午夜影院福利社 | 四虎四虎 | 黄色一区二区三区四区 | 91精品久久久久久久久 | 欧美中文在线观看 | 成人免费毛片观看 | 伊人中文在线 | 国产女主播一区 | 香蕉久久久久久 | 成人在线视频一区 | 国产91在线看 | 奶波霸巨乳一二三区乳 | 成年人的免费视频 |