Renminbi SDR inclusion still debated, but benefits could go both ways

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Renminbi SDR inclusion still debated, but benefits could go both ways

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The inclusion of the renminbi in the International Monetary Fund's Special Drawing Rights (SDR) currency basket in the next SDR review later this year is by no means a foregone conclusion. But much progress has been made, according to participants at the Offshore RMB conference organised by market body Asifma this week in Hong Kong.

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