久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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: 男女视频在线观看免费 | 最近手机中文在线视频 | 男人添女人下面免费毛片 | 久久男人的天堂色偷偷 | 91久久精品国产91性色tv | 免费狼人久久香蕉网 | 日韩中文字幕在线观看 | 97在线免费视频观看 | 中文字幕一区在线 | 国产欧美日韩不卡在线播放在线 | 欧美高清视频手机在在线 | 国产精品1区 2区 3区 | 91精品国产综合久久久久久 | 国产麻豆一级在线观看 | 欧美日韩精品一区二区 | 亚洲精品人成网在线播放影院 | 日韩精品永久免费播放平台 | 99国产高清久久久久久网站 | 欧美一级高清视频在线播放 | 失禁h啪肉尿出来高h男男 | 成人欧美视频在线观看播放 | 九九精品成人免费国产片 | 怡红院免费播放全部视频 | 亚洲人成在线免费观看 | 欧亚毛片| 日韩在线二区 | 欧美一级淫片a免费播放口aaa | 欧美理论片在线观看一区二区 | 欧美在线成人免费国产 | 久久视频6免费观看视频精品 | 国产日韩欧美一区二区三区综合 | 亚洲天堂免费 | 亚洲精品美女视频 | 成免费网站 | 成人手机在线视频 | 中文字幕无线码中文字幕网站 | 不卡午夜视频 | 国产成人精品久久二区二区 | 99精品国产免费久久国语 | 成人欧美视频 | 欧美一区二区三区视频 |