Renminbi from Marketization to Internationalization

ISBN-13: 9781032305509 / Angielski / Twarda / 2022 / 152 str.

Shao Suya; Zhongxia Jin; Yue Zhao

Opis

This study looks into the significance of a floating exchange rate regime, further development of foreign exchange derivatives market, and concurrent internationalization of the Renminbi (RMB) for a resilient, open, and growing Chinese economy.

Spis treści

1. The Macroeconomic Impact of Foreign Exchange Intervention: Cross-Country Empirical Studies  2. Laying a Solid Foundation and Moving toward a Free-Floating Exchange Rate Regime: A Successful Floating Exchange Rate Regime Requires Good Monetary and Fiscal Discipline  3. Further Developing the FX Derivatives Market and Allowing for a More Market-Based Regulatory Approach in China  4. Floating Exchange Rate and the Internationalization of the RMB