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IMF News - Christine Lagarde Chinese Yuan SDR Inclusion (Video)
IMF News - Christine Lagarde Chinese Yuan SDR Inclusion (Video)
Streamed live on Mar 21, 2015
http://globalcurrencyreset.net/rmb-ch... IMF News - Christine Lagarde Chinese Yuan SDR Inclusion
Christine Lagarde said not an issue of if, but when China's Yuan will be included in the SDR's official basket of currencies.
Discussions in this video:
Devaluation and revaluation of the Chinese Yuan.
Christine Lagarde from March 20, 2015 statement about not a question of if but when China’s currency is included in the basket of SDR currencies.
http://www.cnbc.com/id/102522008#
1:00 China’s Currency is known as the Yuan, Renminbi, and abbreviated RMB
1:14 Standard Chartered Bank Hong Kong – International of the Chinese Currency Status as of February 2015
1:24 Document from Standard Chartered also IMF – 5 year review on China The desire that the Chinese Yuan gets included in the SDR alongside the dollar, euro, pound and yen
1:49 HSBC Hong Kong Shanghai Banking Corportation
What happened in July 2005 with China’s Currency? What could happen in November of 2015?
2:40 IMF SDR review - Christine Lagarde
3:20 70-85% majority vote for Chinese Yuan inclusion of SDR (Feb 2015)
3:50 China considers what they did a success
4:40 China Expanding Overseas - Oil Crude Futures
4:50 Endgame - Full Convertibility of the RMB (Yuan/Renminbi) China wants the world reserve currency
5:15 Bank of China prints Hong Kong dollars
5:45 China Free Trade Zones
6:00 Standard Chartered Bank
6:15 HSBC has not made an announcement yet about conve
6:30 Chinese Video about internationalization of the Chinese Yuan is rapidly progressing
6:50 Shanghai Pilot Free Trade Zone - Document April 2014
7:41 Christine Lagarde - It's not a matter of if but when Christine Lagarde was talking from Shanghai
8:00 Hong Kong Dollar Chinese Yuan Exchange Rate Revaluation
8:50 Chinese Yuan USD (United States Dollar)
9:50 IMF Press Release - IMF Determines New Currency Weights for SDR https://www.imf.org/external/np/sec/p... IMF 2010 SDR
10:25 IMF informal meeting in May, would take effect in January of 2016
11:10 IMF Five Year Review on China
13:00 China is keeping their currency low now, they want it weak because it attracts investors
13:28 Free Newsletter Link for updates