IMF staff report sheds light on RMB decision

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IMF staff report sheds light on RMB decision

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030926-F-2828D-080 Washington, D.C. (Sept. 26, 2003) -- Aerial view of the Washington Monument with the White House in the background. DoD photo by Tech. Sgt. Andy Dunaway. (RELEASED) | Tech. Sgt. Andy Dunaway/U.S. Air Force

IMF staff have issued a detailed report containing the analysis and recommendations made to the Fund's executive board ahead of its SDR decision. The report offers a useful analysis into the RMB's standing globally, including its importance as a reserve currency and the level of trading it commands in global foreign exchange markets.

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