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Home>Internationalization of the Renminbi and Its Impact on the US Dollar

Internationalization of the Renminbi and Its Impact on the US Dollar

Perspectives Content Submission

Wed, 14 Nov 2012

The recent opening of the offshore market for China’s currency, the renminbi (RMB), in Hong Kong, London and elsewhere is undoubtedly an important step in China’s economic development. However, as a step in the internationalization of the RMB, its importance should not be exaggerated. There are far

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