Tag: Rachael Hoey

October 03, 2016 BY LeapRate Staff

IMF adds Chinese Renminbi to SDR Basket: What does it mean?

With the International Monetary Fund (IMF) announcement of the launch of the new Special Drawing Right (SDR) valuation basket including - for the first time - the Chinese Renminbi (RMB), we are pleased to present some comments on what this means from two FX / China experts: Rachael Hoey, Head of Asia at CLS and Dan Marcus, CEO…

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