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IMF lifts Chinese yuan to elite lending-reserve currency status

Monday, November 30, 2015  
Posted by: Alisa Allen

The International Monetary Fund on Monday is adding the Chinese yuan to the basket of elite currencies comprising its lending reserve, marking a milestone in the country’s ascendancy as a global economic power. 

http://www.marketwatch.com/story/imf-lifts-chinese-yuan-to-elite-lending-reserve-currency-status-2015-11-30-131035631


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