Britain to include China's RMB as foreign currency reserve
By GCRU Gold News on Monday, September 15 2014, 23:38 - Permalink
British Chancellor of the Exchequer George Osborne announced Friday that the British government intend to issue a Renminbi denominated bond and to use the proceeds to finance the government's reserves of foreign currency.
Osborne described this dialogue outcome as "a historic moment" and a statement of British confidence in the potential of the RMB to become "the main global reserves currency".