RMB internationalization has once again come into the spotlight.During the seventh round of the China-U.S.Strategic and Economic Dialogue held in June,in-depth discussions were held concerning the incorporation of the Chinese currency in the International Monetary Fund’s special drawing right(SDR)currency basket.It was promised that further discussions would follow in the upcoming SDR review.The internationalization of the RMB is a longcherished target of China and being included in the
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