Is the Renminbi East Asia’s Dominant Reference Currency? A Reconsideration

Is the Renminbi East Asia’s Dominant Reference Currency? A Reconsideration

Recent empirical studies show that the Chinese currency renminbi is either becoming or has become a dominant reference currency in East Asia. This paper reviews the evidence with daily exchange rate data from seven East Asian economies namely, Indonesia, Korea, Malaysia, the Philippines, Singapore,...

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Bibliographic Details
Main Author: CHOW, Hwee Kwan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Currency baskets
Renminbi
US dollar
Vector Autoregressions
East Asia
China
Asian Studies
Finance
Online Access:https://ink.library.smu.edu.sg/soe_research/1525
https://ink.library.smu.edu.sg/context/soe_research/article/2524/viewcontent/Chow_HweeKwan.PDF
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/1525
https://ink.library.smu.edu.sg/context/soe_research/article/2524/viewcontent/Chow_HweeKwan.PDF

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