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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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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| 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 |