Yuan Has Real Shot at IMF Blessing on Reserve Status | WHAT REALLY HAPPENED

Yuan Has Real Shot at IMF Blessing on Reserve Status

In late 2015, the IMF will conduct its next twice-a-decade review of the basket of currencies its members can count toward their official reserves. Including the yuan in this so-called Special Drawing Rights system would allow the IMF to recognize the ascent of the world’s second-biggest economy while aiding China’s attempts to diminish the dollar’s dominance in global trade and finance.

Webmaster's Commentary: 

A telling reminder that these private central banks have no loyalty to the nations in which they operate, but are loyal only to themselves and their greed!

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