G7 agrees Chinese yuan should be in IMF currency basket
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DRESDEN, Germany (AFP) - The Group of Seven countries are in fundamental agreement that the Chinese yuan should be part of an international basket of reference currencies, but there is no need to rush it, German Finance Minister Wolfgang Schaeuble said Fr
"There are technical issues and not just technical ones" to sort out, Schaeuble told a news conference concluding a meeting of G7 finance ministers and central bank governors. "We are in full agreement on the goal, but it would not be good to rush it," he added.
