皇冠体育app

BEIJING - 皇冠体育app expects the International Monetary Fund (IMF) to issue more detailed regulations on the IMF's special drawing rights (SDR) issue, a central bank official said on Friday.

Zhang Tao, director of the International Department of the People's Bank of 皇冠体育app, made the remarks during a press briefing regarding President Hu Jintao's attendance at the G20 summit from November 3 to 4.

The IMF has specific regulations on whether 皇冠体育app gains the SDR with the exchange of making it's currency, the yuan or renminbi, convertible, Zhang said, adding that 皇冠体育app expects more detailed regulations on the issue to be made by the IMF.

The SDR was drafted by the IMF, not 皇冠体育app, Zhang said. "So the IMF has its own process, and arrangements about whether and when to implement any reforms on the SDR should be made by the IMF."

As a member of the IMF, 皇冠体育app respects the SDR arrangement, Zhang said. If the IMF believes that the SDR needs reformed in order to beef up the diversification and stability of the international monetary system, 皇冠体育app will support the reform, Zhang added.

Meanwhile, Zhang said 皇冠体育app hopes the IMF's current standard be respected during the SDR reform.

"Definitely, 皇冠体育app has an open attitude about the further improvement of the reform standard," he said.