For China, RMB's entry into SDR is not only the IMF's recognition of RMB's internationalization process, but also China's commitment to continue to promote the financial reform, including the opening of capital account.

The inclusion of RMB in SDR will be interpreted as the IMF's official recognition of RMB as a freely usable currency, and it also marks that China's increasingly prominent importance in the international financial market has been recognized internationally, which will further promote the domestic financial reform and the opening process of China's capital account.

Tips: The above contents are for reference only.

Reply time: 2021-11-05. Please refer to the latest business changes announced by Ping An Bank in official website.