Hatzvi, Eden; Nixon, William; Wright, Michelle - In: RBA Bulletin (2014) December, pp. 53-62
The Chinese authorities have continued to make progress in internationalising China’s currency, the renminbi (RMB). In … market for RMB in a number of jurisdictions outside of mainland China – known as ‘offshore centres’ – has developed further … official RMB clearing bank in Australia and a quota that will allow Australian-based entities to invest in mainland China …