PBOC gov Zhou says they will accelerate reforms to support yuan inclusion in IMF SDRs

Peoples Bank of China Zhou speaking to reporters in Washington DC at IMF meeting

Zhou epeats his previous desires, and steps up a gear, to have the yuan included in the IMF's ccy basket, aka Special Drawing Rights

China has committed to further open its capital account and liberalize the way the yuan is managed, including reducing inrtervention in the domestic ccy market, which would alleviate concerns among IMF members that incorporating the yuan would increase liquidity and plicy risks in the SDR regime

Reuters reporting