Gaining Currency

Gaining Currency
Author :
Publisher : Oxford University Press
Total Pages : 345
Release :
ISBN-10 : 9780190631055
ISBN-13 : 0190631058
Rating : 4/5 (55 Downloads)

Book Synopsis Gaining Currency by : Eswar Prasad

Download or read book Gaining Currency written by Eswar Prasad and published by Oxford University Press. This book was released on 2017 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's currency, the renminbi, has taken the world by storm. This book documents the renminbi's impressive rise to global prominence in a short period but also shows how much further it has to go before becoming a major international currency. The hype about its inevitable ascendance to global dominance is overblown.


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As an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest