RAS History & PhilologyАзия и Африка сегодня Asia and Africa Today

  • ISSN (Print) 0321-5075
  • ISSN (Online) 2782-2389

EXTERNAL ECONOMIC ASPECT OF THE YUAN’S TRANSFORMATION INTO THE WORLD CURRENCY

PII
S0321-50750000617-4-
DOI
10.7868/S50000617-4-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 12
Pages
15-22
Abstract
The article analyzes external economic aspect of the yuan’s transformation into the world currency. Special attention is paid to renminbi’s role in world trade transactions, to clarifying the prospective of renminbi being added to the central banks reserves portfolios, to analyzing the process of local currency swap agreements ratifications, etc. The research indicates the upturn of the Chinese currency’s role in the world economy and global finances.
Keywords
China, foreign exchange policy, internatio- nalization, yuan
Date of publication
01.12.2013
Year of publication
2013
Number of purchasers
1
Views
1017

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