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ADB Distinguished Lecture Renminbi Internationalization: Tempest in a Teapot?
ADB Distinguished Lecture Renminbi Internationalization Tempest in a Teapot?
2014/1/25
Internationalization of the renminbi is a stated goal of the Chinese government, its brief flirtation with Special Drawing Rights and an Asian Currency Unit notwithstanding. Chinese officials understa...
No topic in international monetary economics has probably been
more debated over the past three years than what should be done
about China’s currency regime and about the exchange rate for the
renm...
As China’s economy has continued its remarkable expansion and
gained an increasingly important role in the global economy, China’s
currency, the renminbi (RMB), has also captured growing attention
...
The Future of the Renminbi and Its Impact on the Hong Kong Dollar
Renminbi Hong Kong Dollar international currency exchange rate
2008/11/4
This article outlines our thoughts on the following three issues.
First, will the renminbi become an international currency in the foreseeable
future? Second, what does the international use of the ...
Renminbi Exchange Rates and Relevant Institutional Factors
Renminbi Exchange Rates foreign reserves trade surplus
2008/11/4
In recent years, China has experienced rapid social and economic
development. Against this backdrop, growing pressure for renminbi
appreciation emerged and China’s trade surplus and foreign reserves...