IMF should consider HK trades when judging global RMB use, says HKMA

The International Monetary Fund (IMF) should take into consideration renminbi transactions involving Hong Kong when assessing the currency's international usage, the Hong Kong Monetary Authority (HKMA) has told GlobalRMB. The current treatment excludes such flows, but even partial inclusion could tip the scales for the RMB's eligibility for the IMF's Special Drawing Rights (SDR).