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Saturday, November 14, 2015

IMF's Lagarde supports proposal to include yuan in SDR



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International Monetary Fund Managing Director Christine Lagarde.
International Monetary Fund Managing Director Christine Lagarde said Friday that she supports the findings in her staff's proposal to include China's yuan in its Special Drawing Rights currency basket.

"I support the staff's findings," she said in a statement.
International Monetary Fund Managing Director Christine Lagarde.


Lagarde said she will chair a meeting of the IMF's executive board on Nov. 30 to consider the yuan's inclusion in the basket.

Beijing has pushed for the yuan to join the basket as part of its long-term strategic goal of reducing dependence on the dollar and to mark the country's coming of age as an economic power.

This is breaking news. Please check back for updates.
— CNBC's Everett Rosenfeld contributed to this report.

Note from the poster:
 In current language this means:

Officially it means, that the IMF is NOW accepting the Chinese Drawing Rights into the basket of currencies. 
Down the curtains, it is a surrender from the western Banking bankruped elite. (China and the BRICS) have earlier in 2009 required the YUAN to be included in this institution to run the world in a more balanced way. That means the US $$ full spectrum dominence is Gone for ever !
The DTS are based on us $$, Euros, Yen and British pond if my memeory is correct.

But they have no choice, even if they tried hard between 2009 and today to hide their cabal corruptions and crimes. This is all because they have no Gold reserves.....The western cabal highjiked all the banking system with all the gold of the chinese, and now they have no more gold, this is why Neil Keenan have explained the big lawsuit actions filed. Russia, China, India, Indonesia and Philippines have gold ! All the Ancient Royals Asian families are DEPOSITARIES /OWNERS of the STOLEN GOLD -

IMF is now ruled by the Chinese, so She has to work with them, not with the banksters.




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