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In its first regular review of the IMF's SDR valuation, the Yuan share climbed from 10,92% to 12,28% IMF increased the Chinese Yuan's weighting in the Special Drawing Rights (SDR) currency basket ...

SDR value will be based on a weighted average of the currencies basket comprising the dollar, Euro, Chinese Yuan, Japanese yen, and British pound The International Monetary Fund (IMF) has ...

China’s yuan (RMB) is the first new currency to join the list since the euro was launched, and represents a significant moment in the development of China as a global economic power. The US dollar, ...

As of October 1, 2016, the dollar will have 42 percent weight in the basket that makes up the SDR; the euro, 31 percent; the RMB, 11 percent; the yen, 8 percent; and the pound, 8 percent.