Renminbi internationalisation will gather pace
As renminbi internationalisation proceeds rapidly, the prospects are improving for it to gain reserve currency status
Updated: Aug 11, 2015
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In this article
- Motives and strategy
- Internationalisation underway
- Trade and convertibility
- Clearing banks and hubs
- Bond market
- SDR bid
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_350.jpg "A bank clerk counts Chinese yuan banknotes (REUTERS/Stringer)")