Updated IMF SDR weightings
The yuan was approved to be included in the SDR, which was no surprise at all. Here are the new weightings:
- USD 41.73%
- EUR 30.93%
- JPY 8.33%
- GBP 8.09%
The IMF has more up on their website. It takes effect in 11 months.
Zerohedge is saying that a CNY weighting of 14-16% was expected.