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Hello. Im betty liu. This is bloomberg best. Begin with a day by day review of the weeks top stories. Monday when the imf welcome the currency. It is a recognition of the significant reforms which have been conducted, of the opening up of the chinese economy, of , morenancial marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, 318 billion. That is roughly 6 of the daily Trading Volume in total foreign exchange. Just 6 . Gdp,d one third of global less than 1 of total trade. It is a drop in the bucket...

Betty hello. Im betty liu. Welcome to bloomberg best. An indepth report of news around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcome the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, youre looking at the total allocation of 318 billion. Tha...

Betty hello. Im betty liu. Welcome to bloomberg best. A weekly look at the most Important News around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcomed the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, youre looking at the total allocation of ...

Hello. Im betty liu. This is bloomberg best. Lets begin with a day by day review of the weeks top stories. Starting on when the imf welcome monday, the chinese currency. Inclusion ofon and it in the basket of currencies is a recognition of the significant reforms which have been conducted, of the opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, you are looking at a total allocation of 318 billion. That is roughly 6 of the daily Trading Vol...

Betty hello. Im betty liu. Welcome to bloomberg best. A weekly look at the most news around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcomed the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, youre looking at the total allocation of 318 billio...