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Preface -- A historical prologue -- Currency concepts -- Capital account opening -- The exchange rate regime -- The RMB goes global -- Reserve currency -- The mirage of safety -- Could China stumble? -- Rising global influence -- Conclusion
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The renminbi (RMB) has become something of a buzzword that is mentioned in all discussions, despite the fact that the …
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Hong Kong was the first offshore market to launch reminbi (RMB) business back in 2004. Since then, the Hong Kong Stock Exchange has been very active in developing a comprehensive range of sustainable RMB-traded products. This article covers the recent proposal of the Hong Kong Stock Exchange to...
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addition, our model suggests that, to be a true international currency, the renminbi should be used more extensively in the …
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The internationalisation of the Chinese renminbi has taken a path distinct from most cases involving previous … support renminbi use — renminbi swap lines, Renminbi Qualified Foreign Institutional Investor quotas and renminbi clearing … banks. Our analysis shows that a state holding renminbi assets among its reserves or having more developed financial markets …
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This study presents evidence of the renminbi's growing influence in the Asia-Pacific region. The CNH market - the … offshore renminbi foreign exchange market in Hong Kong SAR - is found to exert an effect on Asian currencies that is distinct … and the transmission of China's monetary policy to the region. The continuing growth of the offshore renminbi market …
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