RMB into the basket countdown speed internationalization process-www.70qq.cn

RMB into the basket countdown accelerated internationalization process Sina fund exposure platform: letter Phi lag false propaganda, long-term performance is lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! The RMB "into the basket" countdown to speed the process of internationalization – Peace tomorrow (October 1st), the RMB will be officially joined the International Monetary Fund (IMF) SDR (SDR) currency basket. The author believes that the RMB SDR currency basket of great significance, it not only marks the international community of Chinese economic development and the achievements of reform and opening-up, but also the recognition of the international status of RMB, greatly improve the RMB in the international currency stage, is an important milepost of RMB internationalization. November 30, 2015, IMF announced that the RMB will be included in the SDR currency basket, will take effect on October 1, 2016. SDR currency basket corresponding to the U.S. dollar, the euro, the yuan, the yen and the pound 5 currencies, the weight of the RMB is more than 10.92%, more than the yen and the pound, ranking in the third place. In the history of the development of IMF, the RMB to join the SDR to create a record of two: This is the first time the emerging economies of the currency was incorporated into the SDR, but also the first time the RMB has become an international reserve currency. After the accession to the SDR, will become one of the official reserve currency IMF, which means that the RMB has a higher expectations and more stringent requirements." The people’s Bank of China Deputy Governor Yi Gang pointed out that, on the whole, the market is expected to enhance the RMB, it will be a more stable, more widely accepted currency, people will be more confident to hold RMB assets. Central bank data show that in 2015 the cross-border RMB payment, the total amount of 12 trillion and 100 billion yuan, an increase of 21.7%, accounting for the same period of the foreign currency cross-border payment of the total proportion of 28.7%. According to the World Bank Financial Telecommunications Association (SWIFT) statistics, as of 2015, December, the RMB is the world’s third largest trade financing currency, the top fifth payment currency, the top fifth foreign currency trading currency. It is foreseeable that the RMB into the SDR currency basket, will further boost the internationalization of the rmb. According to the Standard Chartered Bank expects the yuan to be included in the SDR basket, global investors of RMB assets will rise sharply, to 2020 the cumulative net foreign purchases of bonds and stocks China scale may reach 5 trillion and 500 billion yuan to 6 trillion and 200 billion yuan. At the same time, from the inside, to play the role of SDR as the RMB currency basket, you need to speed up the market-oriented reform of interest rate and exchange rate formation mechanism reform, improve the capital market width and depth, so as to promote capital account convertibility, the next phase of the RMB internationalization laid the foundation; from the outside, in the course of development of the multilateral financial institutions to promote "The Belt and Road" implementation of the strategy and investment bank, the BRIC banks, need the yuan to play a bigger role. The yuan in SDR, the RMB is conducive to further development in a broader platform, so as to promote the internationalization of RMB into more.相关的主题文章: