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This paper studies the impact of a broadening of the SDR basket to the Chinese currency on the composition and volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much more significant impact can be expected in the next...
Persistent link: https://www.econbiz.de/10010877819
This paper studies the impact of a broadening of the SDR basket to the Chinese currency on the composition and volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much more significant impact can be expected in the next...
Persistent link: https://www.econbiz.de/10010933185
exploitation by the People’s Bank of China (PBOC) to help internationalizing the renminbi. This trend was further confirmed in the …
Persistent link: https://www.econbiz.de/10010938573
renminbi is expected to be the next international currency with the continued growth of China. Will a forthcoming multiple … reserve currency system be an origin of instability? This study analyzes whether or not a prospective G3 plus renminbi …
Persistent link: https://www.econbiz.de/10010688123
We study the impact of a broadening of the SDR basket to the Chinese currency on the composition and volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much more significant impact can be expected in the next decades, and...
Persistent link: https://www.econbiz.de/10010596144