Monday, December 13, 2010

Nobel Economist Mundell: Add Renminbi to IMF Reserve

Nobel Economist Mundell: Add Renminbi to IMF Reserve


China's currency has strengthened to the stage where it is "almost de facto convertible" and should be included in the international reserve basket held by the IMF, Nobel Prize-winning economist Robert Mundell said in this interview with the HKTDC prior to his appearance at the Asian Financial Forum, 17-18 January 2011.

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