The Rise Of The Renminbi: Will China’s Yuan Become A Global Reserve Currency?

The Rise Of The Renminbi: Will China's Yuan Become A Global Reserve Currency? by Mark Mobius, Franklin Templeton Investments

In recent months, China has stepped up a longstanding campaign for its currency (officially called the renminbi [RMB] but also referred to as the yuan), to be included as a part of the composition of the International Monetary Fund’s (IMF’s) Special Drawing Rights (SDR). While the media is abuzz with the potential market implications of China’s currency...

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