Title: Internationalization of the Renminbi and Its Implications for Monetary Policy
Abstract: The rise of China and its growing economic influence in the world has sparked consideration of the possibility of Chinese currency becoming internationalized. Although the renminbi (RMB) is currently far from being an international currency, its position internationally is steadily using. In the long term, the currency’s internationalization is not only likely but also desirable for China and for the rest of the world.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 14
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