A Yuan Reserve Currency Is Coming – Brace for a $2 Trillion Global Disruption

It's almost certain a yuan reserve currency will become reality 11 months from now, triggering a foreign currency shift of as much as $2 trillion - an existential threat to the U.S. dollar's status as the world's primary reserve currency. Last week, Bloomberg reported that International Monetary Fund (IMF) officials have told Chinese officials that the yuan will join the organization's basket of reserve currencies "soon." Here's why this will make the yuan a disruptive force... Tags: china yuan , IMF special drawing rights , reserve currency , reserve currency status , Special Drawing Rights , U.S. Dollar , U.S. dollar reserve currency , world yuan reserve currency , Yuan currency , Yuan Reserve currency , yuan reserve currency status , yuan world reserve currency To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post A Yuan Reserve Currency Is Coming – Brace for a $2 Trillion Global Disruption appeared first on Money Morning - We Make Investing Profitable .
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