China’s Renminbi Is Approved by I.M.F. as a Main World Currency - The New York Times

China’s Renminbi Is Approved by I.M.F. as a Main World Currency - The New York Times:



 "HONG KONG — The International Monetary Fund on Monday approved the Chinese renminbi as one of the world’s main central bank reserve currencies, a major acknowledgment of the country’s rising financial and economic heft."



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