China FX, rate reform recommendations are real story of IMF SDR report

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By Paolo Danese
05 Aug 2015

Recommendations on foreign exchange and interest rate reform in China were at the heart of this week's International Monetary Fund's interim report on its Special Drawing Rights (SDR) review, despite the market's more immediate focus on the report's suggestion that addition of the renminbi to the SDR could involve a nine-month preparation period after any decision later this year.

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