Heimonen, Kari; Rönkkö, Risto - 2024
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 …