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RMB Included in SDR Basket Next October?

RMB Included in SDR Basket Next October?


International Monetary Fund (IMF) decided to include Chinese currency, RMB, into IMF's SDR (Sprecial Drawing Right) basket yesterday, which is an important milestone in the integration of the Chinese economy into the global financial system.

Source 知道日报

Topic Government, Money, News, Economy

ID M0088

Date of Publication 01-Dec-2015

Rate 136

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昨日, 国际货币基金组织(IMF)宣布,除了英镑,欧元,美元和日元之外,SDR货币篮子将新增加一名成员:人民币。明年10月1日开始生效。

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Yesterday,International Monetary Fund (IMF) decided to include Chinese currency, RMB, into IMF's SDR (Sprecial Drawing Right) basket except the pound, the euro, the dollar and the yen. And this decision will take effect on next Oct 1.


“SDR特别提款权”,由IMF创立,可以与黄金一样充当国际储备。

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"SDR special drawing rights", created by IMF, can act as an international reserve like gold.


这意味着,IMF已经认识到中国经济改革的进展,中国经济将融入全球金融体系,国际社会也希望中国在这个体系中扮演更重要的角色。

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This is recognition of the progress that the Chinese authorities have made in the past years in reforming China’s monetary and financial systems, and also means the integration of the Chinese economy into the global financial system. The international community expects China to play a bigger role in the international economic and financial system.


此外,人民币加入SDR后的配额也是关注的焦点。配额将影响到各国在向IMF贷款时的借贷利率,人民币汇率也将不得不走向更灵活的汇率制度。

In addition, the quota allocated to China’s RMB will be another focus of attention, for it will affect the lending rate each member loans from the IMF,the RMB exchange rate will have to change under a more flexible exchange rate regime.


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