China will continue to push for the yuan's inclusion in the International Monetary Fund's currency basket, known as Special Drawing Rights (SDRs), the People's Bank of China (PBOC) said in a report on yuan internationalisation.
China will also encourage foreign central banks to include yuan assets in their forex reserves, it said. Foreign central banks held about 666.7 billion yuan ($107.42 billion) in yuan-denominated assets by the end of April...............................................Full Article: Source
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