China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …

Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying … further the currency composition of the foreign exchange reserves and other foreign assets of the Chinese government, from USD …

currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation …Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the …

specifically, we analyze whether the internationalization of the yuan could modify the impact of asset supply and trade shocks on … internationalization of the yuan (defined as a rise in the yuan in international portfolios) would be either neutral or stabilizing for the … internationalization of the yuan would make exchange-rate variations more efficient to stabilize net foreign asset positions after a trade …

affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …

The offshore renminbi (CNH) exchange rate is the exchange rate of the Chinese currency transacted outside China. We …

This paper studies the impact of a broadening of the SDR basket to the Chinese currency on the composition and … more significant impact can be expected in the next decades, and more so if the Chinese currency is pegged to the US dollar …

will inevitably lead to a diminishing international role for the USD. -- China ; renminbi ; yuan ; basket peg ; foreign …On 19 June 2010 the Chinese authorities announced that the renminbi (RMB) was henceforth to be pegged to a currency … Seoul Summit on 11-12 November 2010, China committed to further reform the RMB exchange rate regime. We discuss here what a …

for the RMB exchange rate against the currency basket revealed by China in December 2015 in the fixing process. …On August 11 2015, China revamped its procedure of setting the official central parity of the renminbi (RMB) against … the US dollar. Our empirical investigation shows that the intertemporal dynamics of China's central parity are not the …

How can a currency achieve more widespread international use? We study the internationalization of the Chinese renminbi … expanded a currency swap line with the People's Bank of China. Within the next few months, the share of imports from China … document firm-level spillovers, with RMB use for imports from China increasing the likelihood of RMB use for imports from other …