The share of the Chinese yuan in the basket of reserve currencies can be 14-16% - IMF
Almaty. November 30. Silkroadnews - The share of the Chinese yuan in the basket of reserve currencies can be 14-16%, if the International Monetary Fund include the Chinese yuan in it, writes rosSMI.
"Now, the yuan can become a fifth reserve currency in the basket with the US dollar, whose share since 2010 is 41.9%, the euro - 37.4%, the British Pound Sterling - 11.3% and the Japanese yen - 9.4%", - informed the press service of the IMF.
According to analysts' estimates, the share of the yuan in the basket of reserve currencies will occupy the fourth place, surpassing the Japanese yen.