In recent years, the use of RMB as an international currency has increased. Since 20 16 10 1, RMB has been officially included in the IMF SDR currency basket, becoming the fifth currency in the currency basket after the US dollar, the euro, the Japanese yen and the British pound. "This also reflects the importance of China as one of the largest trading partners in the euro zone."
The statement said that because the European Central Bank bought RMB equivalent by selling other foreign exchange reserves, including some US dollars, the total size of the European Central Bank's foreign exchange reserves remained unchanged. The foreign exchange reserves of the European Central Bank consist of US dollars, Japanese yen, RMB, gold and special drawing rights.