Potential of Renminbi to emerge as international reserve currency.

This paper investigates the potential of Renminbi to become an international reserve currency in the future. It is beneficial as it reduces the ever-growing balance payments deficit pressure on a single reserve currency issuer and provides an alternative currency to the US dollar and Euro. With the...

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Bibliographic Details
Main Authors: Mak, Li Yi., Ng, Yao Yee., Pao, Beverly Ying Yan.
Other Authors: Nanyang Business School
Format: Final Year Project (FYP)
Language:English
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10356/51367