China’s renmimbi currency to become 10 per cent of global reserves by 2025

China’s renminbi is expected to represent 10 per cent of global reserves by 2025, up from a 2.9 per cent share by the end of 2015, according to a survey of 72 central banks responsible for US$5.9 trillion in reserves.

via South China Morning Post - Business feed http://www.scmp.com/business/money/money-news/article/1765304/chinas-renmimbi-currency-become-10-cent-global-reserves