-
The Yuan as a Global Reserve Currency?
China accounted for 17 percent of the world’s gross domestic product in 2014.1 It is also the world’s largest saver,2 but it is almost a closed economy in terms of capital flows. China has undertaken various economic reforms in recent years. These reforms include deepening its capital markets and increasing the importance of the yuan in the global economy.3 Some commentators have argued that the yuan may become a global reserve currency in the near future, given these reforms and China’s rising importance in world trade. In fact, China’s recent move to devalue the yuan was seen by some as a way to let the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 31, 2015 2:46pm Aug 31, 2015 2:46pm
- sidhujag
- Joined Apr 2009 | Status: Non-Member | 930 Comments
- Comment #2
- Quote
- Aug 31, 2015 3:12pm Aug 31, 2015 3:12pm
- Goldflake
- Joined Apr 2012 | Status: Member | 56 Comments
When Scalpers win, I lose and Vice varsa...
- Comment #3
- Quote
- Aug 31, 2015 3:22pm Aug 31, 2015 3:22pm
- dancingphil
- Joined May 2009 | Status: Member | 365 Comments
- Comment #4
- Quote
- Aug 31, 2015 3:57pm Aug 31, 2015 3:57pm
- Piksol
- | Joined Apr 2010 | Status: Member | 23 Comments
- Comment #5
- Quote
- Aug 31, 2015 4:09pm Aug 31, 2015 4:09pm
- barunpmondal
- | Joined Mar 2014 | Status: Junior Member | 3 Comments | Online Now
- Comment #6
- Quote
- Aug 31, 2015 4:21pm Aug 31, 2015 4:21pm
- Guest
- | IP XX.XXX.127.121
- Comment #7
- Quote
- Aug 31, 2015 4:51pm Aug 31, 2015 4:51pm
- Guest
- | IP XXX.XXX.43.39
- Comment #8
- Quote
- Aug 31, 2015 4:52pm Aug 31, 2015 4:52pm
- Guest
- | IP XXX.XX.77.91
- Comment #9
- Quote
- Aug 31, 2015 5:01pm Aug 31, 2015 5:01pm
- ChanhXanh
- | Joined Jul 2012 | Status: Member | 39 Comments