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IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts

 
Anonymous Coward
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Spain
10/02/2016 05:29 AM
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IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
Is this significant? I think the Chinese Renminbi valuation is too small for the size of their economy. Any comments?

[link to www.imf.org]
Anonymous Coward
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10/02/2016 05:31 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
I'm sick and tired of hearing tbe word basket ..I'm gonna go on a picnick basket beating spree
Anonymous Coward (OP)
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10/02/2016 05:37 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
I'm sick and tired of hearing tbe word basket ..I'm gonna go on a picnick basket beating spree
 Quoting: Anonymous Coward 71574323


Thank you for your informed comment. Anyone else have a more
interesting contribution?
NowIhavetothinkofanam​e

User ID: 73100842
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10/02/2016 05:40 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
Great thread dood!

I wonder why there's such a large difference between the value of the USD and Euro in the SDR basket.

Last Edited by NowIhavetothinkofaname on 10/02/2016 05:41 AM
NowIhavetothinkofanameohnoithurts
It's all bull!
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You can always trust people to do whatever is in their own interests.
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Anonymous Coward
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10/02/2016 05:41 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
Here's your comment ...all paper from same tree with difernt inks abd numbers written on them ....
Anonymous Coward
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10/02/2016 07:09 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
Is this significant? I think the Chinese Renminbi valuation is too small for the size of their economy. Any comments?

[link to www.imf.org]
 Quoting: Anonymous Coward 73102649


Means the petro-dollar is dead
Anonymous Coward
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10/02/2016 07:32 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
To change lead to gold = alchemy

To change shit to gold = SDR
specialness
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10/02/2016 07:33 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
"Well isn't that SPECIAL?"

churchlady
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10/02/2016 07:53 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
Is this significant? I think the Chinese Renminbi valuation is too small for the size of their economy. Any comments?

[link to www.imf.org]
 Quoting: Anonymous Coward 73102649


It is small now, wont be for long
Anonymous Coward
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10/02/2016 08:15 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
bump
fred also

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10/02/2016 08:21 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
IMF

itspiderman
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10/02/2016 08:27 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
5a
Anonymous Coward
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10/02/2016 08:30 AM
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Re: IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
To change lead to gold = alchemy

To change shit to gold = SDR
 Quoting: Anonymous Coward 69805541


To Change Shit to Gold = Renminbi
This is the plan. The Yuan is the only currency of value in the basket and is the only one that will last. 10.9% now, 99% later.





GLP