Internationalization of the renminbi : the people’s currency for the people of the world.

• Main Authors: Lau, Hao Wen., Lee, Jia Yi., Loke, Hon Yiong.
• Other Authors: Gunter Dufey
• Format: Final Year Project
• Language: English
• Published: 2012
• Subjects: DRNTU::Social sciences::Economic development::China; DRNTU::Business::Finance::Monetary policy
• Online Access: http://hdl.handle.net/10356/48266
• Institution: Nanyang Technological University

The rise of China's prominence in the world economy begs the question of where its currency, the Renminbi, is headed in the coming years. Some critics believe that the Renminbi is geared to become the next major international currency in the world, challenging the incumbent US dollar. In this p...