Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying …

This study examines the role of the Chinese renminbi (RMB) as an international anchor currency. After China abandoned …'s role reflected China's growing presence in the global economy, even challenging the USD in some of the 155 countries that … RMB's anchor weight in exchange rate policies remains low irrespective of China's global role. Overall, the weight of the …

Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China's exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying …

This study investigates how variation in the determinants of the renminbi's daily fixing since the August 2015 exchange … rate reform maps on to variation in the co- movement of the renminbi with regional and other emerging market currencies. We … July 2017 leaves it premature to speak of a renminbi zone. The dependence of the co-movements on renminbi management has …

The bilateral real exchange rate between Chinese renminbi (RMB) and the US dollar is studied. The panel data Penn … appreciation path satisfies the interests of both China and the US …

euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the …

We employ a threshold vector error correction model approach to investigate the impact of China's exchange rate … marketization reform in August 2015 on the linkage between renminbi (RMB) onshore (CNY) and offshore (CNH) exchange rates and the … impact of post-reform policy interventions by the People's Bank of China (PBoC) on CNY-CNH linkage. We find that, after the …

The renminbi (RMB) has become something of a buzzword that is mentioned in all discussions, despite the fact that the … that within only a few years has become the biggest in the world after the United States. Second, China's soaring growth …

China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …