The decision on the possible inclusion of the Chinese yuan in the Special Drawing Rights (SDRs) basket will ultimately be made by the executive board of the IMF this month, the IMF's Beijing office noted Wednesday.
The work on the SDR basket review continues as scheduled and IMF staff are currently finalizing a report to be considered at a formal Board meeting scheduled for November, Li Jing, who works at the IMF's resident representative office in China, said in an e-mail sent to the Global Times Wednesday.
Domestic financial news website yicai.com reported Wednesday that the board meeting has been postponed to November 30.