Benassy-Quere, Agnes; Capelle, Damien - CESifo - 2012
This paper studies the impact of a broadening of the SDR basket to the Chinese currency on the composition and …. If the objective is to reinforce the attractiveness of the SDR as a unit of account and a store of value through more … stability, then a broadening of the SDR to the RMB could be appropriate, provided some flexibility is introduced in the Chinese …