flexible exchange rate, the renminbi has attained considerable traction as an international currency on account of the PRCâ … established with other countries’ central banks, the renminbi is also becoming more prominent in international finance. However …, the renminbi is unlikely to become a major reserve currency in the absence of capital account convertibility, a flexible …

This paper evaluates the prospects for the renminbi's role as an international currency and the implications for global … exchange rate, the renminbi has attained considerable traction as an international currency on account of the PRC's rising … with other countries' central banks, the renminbi is also becoming more prominent in international finance. However, the …

This paper evaluates the prospects for the renminbi's role as an international currency and the implications for global … exchange rate, the renminbi has attained considerable traction as an international currency on account of the PRC's rising … with other central banks, the renminbi is also becoming more prominent in international finance. However, the renminbi is …

than capital account liberalisation in China and the internationalisation of the renminbi. This paper provides a theory …-based enquiry into the contours of China's international balance sheets after the renminbi becomes convertible under the capital … the renminbi as major international currencies. …