China, the Renminbi, and the IMF's Special Drawing Rights

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In November 2015, the International Monetary Fund conducted its 5-year review of the global currencies included in its Special Drawing Rights (SDR) reserve currency basket. The IMF Board of Directors voted to include the Renminbi in its SDR basket which will go into effect in October 2016. What is the significance of the IMF’s decision to include the Renminbi in its SDR currency basket and what are the implications for China, the IMF, and the future of global currencies?


  • Yu Yongding, Senior Fellow, Chinese Academy of Social Sciences (CASS)
  • Warren Coats, Former Assistant Director, IMF Monetary and Capital Markets Department


  • Randy Rodgers, Executive Director, Bretton Woods Committee

    Time will be reserved at the end for audience Q & A.

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