Bénassy-Quéré, Agnès; Capelle, Damien - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2012
We study the impact of a broadening of the SDR basket to the Chinese currency on the composition and volatility of the … objective is to reinforce the attractiveness of the SDR as a unit of account and a store of value through more stability, then a … broadening of the SDR to the RMB could be appropriate, provided some flexibility is introduced in the Chinese exchange …