International Monetary Fund11y
Will the Renminbi Rule?
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
China Internet Information Center14y
The Renminbi and Foreign Exchange Control
The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...
The Financial Times20d
China stocks and renminbi hit by Donald Trump’s 10% tariff threat
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per ...
International Monetary Fund8y
Gaining Currency: The Rise of the Renminbi
Oxford University Press, 2016, 344 pp, $29.95 (hardcover). Such is the scope and range of Eswar Prasad’s new book Gaining Currency: The Rise of the Renminbi. In it, the author capitalizes on the ...