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PARIS / WAM
Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, participated in the G20 high level seminar on international financial architecture held in Paris under the slogan “From Nanjing to Paris”, where speakers addressed the most important evolutions of the international monetary system, including the IMF’s recent decision to include official currency of the People’s Republic of China, RMB, into the special drawing rights (SDR) basket. The seminar witnessed the participation of G20 finance ministers, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), as well as a group of central bankers from across the globe.