The Bretton Woods Committee is hosting what I think will be a very interesting Webinar on “China, the Renminbi, and the IMF’s Special Drawing Rights”.
Here are the details:
Date: Wed, Jan 13, 2016 8:00am – 9:00am ETAttendance restrictions: Open to the publicLocation: GoToWebinar
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.
Please click here to register.
I am unfortunately traveling on Wednesday so I will not myself be able to listen in but I clearly recommend the webinar to anybody interested in global exchange rate issues and in the China to sign up for the webinar.