FT Transact

Will the renminbi ever really be a reserve currency?

Just over a year ago the renminbi passed a significant milestone when the IMF included it in its Special Drawing Rights currency basket, along with the dollar, pound, euro and yen. But Jamil Anderlini, the FT’s Asia editor, explains there are big obstacles in its path to becoming a true reserve currency.

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FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.


FT Transact is a video channel turning the spotlight on the future of capital, exploring what’s driving transactional transformation - from trends in ecommerce, fintech and ESG investing, to the corporate innovators working to build the future of finance. The channel alternates between independent reporting from FT journalists and expert commentary from UBS.