Although growth deceleration in the People's Republic of China (PRC) is inevitable, if the country's new direction of … country but also for the rest of Asia. This is consistent with the increased degree of Asia's integration and interdependence … stability and enhance market liquidity. If coordinated well, such cooperation can also strengthen Asia's collective voice to …

affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …

affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …

China introduced yuan-denominated trade settlement in July 2009 to help its exporters avoid exchange rate risk. The … foreign and 10 of those Japanese, have been selected to participate in the pilot program on the mainland China side. Reasons … from the foreign currency-denominated trade that has prevailed and the lack of yuan-denominated investment vehicles on the …

The People's Republic of China (PRC)'s current account surplus, its growing foreign exchange reserves, and its shifting …

The status of the renminbi (RMB), China's currency, is not commensurate with the country's global economic prowess as … formal monetary arrangement such as the euro, the RMB may achieve its status as a regional settlement currency within Asia …'s Republic of China initiated efforts to promote the international use of the RMB. This paper reviews the historical experience …

Both before and after the Asian crisis, the dollar has been the dominant anchor and reserve currency in East Asia. Due … East Asian currency baskets. The role of the euro as a reserve currency in East Asia remains uncertain …. Rolling econometric estimations of the basket structures in East Asia suggest growing weights for the Japanese yen in most …

FX trade settlement data from CLS provides the most comprehensive view of the opaque market of OTC currency trades. We …