The inclusion of the RMB in the basket of special drawing rights (SDR) is unlikely to have a significant impact on outbound capital flow, China's foreign exchange authorities predicted on Sept. 22.

The move to include the RMB in the International Monetary Fund (IMF) SDR will promote overseas capital to flow in and out of China's finaicial market, but it will not cause large-scale capital flow, said Wang Chunying, spokesperson for the State Administration of Foreign Exchange (SAFE), at a press conference.

Foreign investors, especially central banks, will consider converting part of their assets into RMB, said Wang. Other organizations will simply adjust their allocation of foreign exchange assets.

Wang also explained that these are all spontaneous movements of organizations, and will not amount to a large-scale adjustment.

The IMF agreed on Nov. 30, 2015 to add the RMB to its reserve currency basket. The decision will take effect from Oct. 1, 2016.