RMB's Inclusion Could Spark A Massive Reshuffle – ValueWalk Premium
RMB

RMB's Inclusion Could Spark A Massive Reshuffle

RMB's Inclusion Could Spark Big Reshuffle by Dan Steinbock
THE inclusion of the renminbi in the currency reserve basket is only a matter of time. It could trigger a US$1 trillion re­allocation of global reserve portfolios.

Before the summer, investment banks estimated that, in the medium-term, at least US$1 trillion of global reserves could switch into Chinese assets when, and if, the International Monetary Fund endorses the renminbi as a reserve currency.

However, a few weeks ago, the IMF recommended a delay of the inclusion. When will the IMF include the yuan in . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0