After decades of China opening up to the outside world, the country's public has become familiar with numerous acronyms, and SDR is the latest one.A couple of days ago, the International Monetary Fund announced that the Chinese currency the Yuan is eligible to join the Special Drawing Rights, or SDR, basket.Starting from October next year, the Chinese Yuan will take up a 10.92 percent share in the basket, the third largest among the five currencies.The IMF's SDR basket is a type of international...
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