On November 13 Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) issued a statement that the Chinese renminbi (RMB) meets the requirements to be added to the SDR basket of currencies (http://www.imf.org/external/np/sec/pr/2015/pr15513.htm) used in international trade and forex. A presentation will be made to the executive board on November 30. The final decision will be theirs. Undoubtedly there will be impacts on global markets and economies, but I'll leave it to the pundits to comment on what may happen. I know China has been long campaigning to join the four existing currencies. From my perspective (not into forex) I just wonder what impacts there may be on US companies that manufacture products in China (think $AAPL) and those that sell products in China (think $F and $GM). From a political perspective, I'll be interested to see what candidate Trump has to say about this IMF action given his tough stance on dealing with China.