| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 981873 | Procedia Economics and Finance | 2013 | 5 Pages |
Abstract
The paper reveals the growing importance of the Chinese currency (yuan/renmimbi) in the international monetary system through its prospects as a possible alternative to the US dollar and euro or as part of a multipolar international monetary system that emerges. Even if the internationalization of the China’ currency has progressed, the yuan/renmimbi is far from what it represents an international currency, playing a modest role in the global economy.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
