Beijing Review

Bumpy, But Bright

ccording to the Currency Composition of Official Foreign Exchange Reserve released by the International Monetary Fund (IMF) on March 31, in the fourth quarter of 2021, the renminbi (RMB) share in global foreign exchange reserves edged up to 2.79 percent from the third quarter’s 2.66 percent, ranking fifth among the world’s major currencies. This is also the highest share

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