|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/38989
|
| | |
| Title: | | Renminbising China's foreign assets  |
| Authors: | | Cheung, Yin-Wong Ma, Guonan McCauley, Robert N. |
| Issue Date: | | 2010 |
| Series/Report no.: | | CESifo working paper Monetary Policy and International Finance 3009 |
| Abstract: | | Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. This paper discusses the factors shaping the prospects of internationalising the renminbi from the perspective of the currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation and management of the renminbi. |
| Subjects: | | renminbi internationalisation net international asset position convertibility exchange rate uncertainty dollar peg |
| JEL: | | F30 F31 F33 O24 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/38989
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|