One of the World Bank’s reserves management experts has urged central banks to tackle the question of how to approach the renminbi as an element of reserves’ portfolios.

Isabelle Strauss-Kahn notes central banks remain cautious towards the Chinese currency, but says “the topic of the renminbi is a crucial one for reserve managers”.

Strauss-Kahn observes central banks have automatically gained some exposure to the renminbi via the International Monetary Fund’s special drawing rights facility.