Foreign Policy

China’s currency could create ‘risk’ for financial system, IMF says

By Joel Gehrke
Published April 11, 2023 7:41pm ET
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China’s currency could create ‘risk’ for financial system, IMF says
China’s currency stands to “be more predominant in international transactions” in the years to come, according to the International Monetary Fund, raising potential “risks” for global markets. “It is about the regulation and the plumbing of the financial system,” IMF financial counselor Tobias Adrian told reporters Tuesday. “To the extent that institutions are well regulated […]

China’s currency stands to “be more predominant in international transactions” in the years to come, according to the International Monetary Fund, raising potential “risks” for global markets.

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China International Monetary Fund