SDR inclusion critical for advanced-economy RMB investments

Developed-economy central banks still wary of renminbi inconvertibility


The inclusion of the renminbi as a constituent currency of the International Monetary Fund's special drawing rights (SDR) is critical to more advanced-economy central banks following the Swiss National Bank's (SNB) move to diversify its reserves into Chinese currency assets, says Roman Bauman, head of that institution's Singapore office.

The enthusiasm emerging market central banks in Africa, Asia and Latin America have demonstrated to invest in renminbi assets has yet to be matched by instituti

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: