Selected Decisions and Selected Documents of the IMF, Thirty- Eighth Issue -- Review of the Method of Valuation of the SDR—Freely Usable Currency—Renminbi

Prepared by the Legal Department of the IMF
As updated as of February 29, 2016

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ARTICLE XV, SECTION 2
Valuation of the Special Drawing Right

REVIEW OF THE METHOD OF VALUATION OF THE SDR—FREELY USABLE CURRENCY—RENMINBI

Pursuant to Article XXX(f), and after consultation with the People’s Republic of China, the Fund determines that, effective October 1, 2016, and until further notice, the Chinese renminbi is a freely usable currency. (SM/15/278, Sup. 2, 11/25/15)

Decision No. 15890-(15/109),

November 30, 2015

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