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HomeForexRMB's share in global forex reserves hits five-year high

RMB’s share in global forex reserves hits five-year high




Renminbi accounted for two.79 % of worldwide foreign exchange reserves within the fourth quarter of final yr, the best since Worldwide Financial Fund (IMF) began to launch the info within the ultimate quarter of 2016.

The quantity of worldwide foreign exchange reserves held in renminbi sustained a development momentum prior to now few years, rising to 336.1 billion U.S. {dollars} by end-2021, IMF knowledge has confirmed.


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