The Yuan’s Entrance in the SDR Basket of CurrenciesThis is a clip from The Real World of Money that aired live on One Radio Network, December 2, 2015
On November 30th. the IMF announced the Yuan will be part of the SDR basket beginning October, 2016.
Longtime currency historian, Andrew Gause gives his opinion of how and why this happened and what it means, or doesn’t mean for China and the United States currencies. This is how currency wars play out.
Andrew Gause and the real world of money, sdr basket and the yuan, december 2, 2015