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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