Results 1 to 10 of about 2,073 (162)

Diversificación de la composición oficial de las reservas internacionales de divisas (2016-2022)

Política Internacional, 2023
La evolución del Sistema Monetario Internacional hacia la multipolaridad ha sido un proceso gradual que se ha desarrollado gracias a los avances en ciencia y tecnología en las finanzas, los cambios en la correlación de fuerzas en las relaciones ...
María Fernanda Benítez Pena
doaj   +4 more sources

To be or renminbi: Trend in the evolution of the international monetary system [PDF]

Industrija, 2014
By joining the recent research bandwagon in international finance, this paper reexamines the potential of Chinese yuan for becoming a leading world currency.
Malović Marko G.
doaj   +1 more source

Renminbi Internationalization: Domestic Challenges and External Implications

Desafíos, 2020
Neste trabalho investigou-se o processo de inserção da moeda chinesa, o renminbi (rmb), no Sistema Monetário Internacional (smi). Ao analisarmos o histórico de internacionalização do rmb, e os instrumentos que o governo chinês tem utilizado para tal ...
Ana Tereza Lopes Marra de Sousa
doaj   +1 more source

Renminbi Internationalization Process: A Quantitative Literature Review

International Journal of Financial Studies, 2023
As China’s position in the global economy has gradually improved, the importance of debates on the role of the renminbi in the international monetary system has significantly increased.
Ramona Orăștean, Silvia Cristina Mărginean   +1 more
doaj   +1 more source

The overvaluation of Renminbi undervaluation [PDF]

Journal of International Money and Finance, 2007
We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted for, there is little statistical evidence that the RMB is ...
Yin-Wong Cheung, Menzie D. Chinn, Eiji Fujii   +2 more
openaire   +4 more sources

Issues for Renminbi Internationalization: An Overview [PDF]

SSRN Electronic Journal, 2014
This paper provides an overview of the potential international role of the renminbi (RMB). Reviewing the current state, the paper finds that much progress has been made on RMB settlements for trade involving the People’s Republic of China (PRC) and on RMB-denominated bond issuance in Hong Kong, China, but that RMB internationalization is still limited ...
Eichengreen, Barry, Kawai, Masahiro
openaire   +4 more sources

Forecasting Renminbi Exchange Rate Volatility Using CARR-MIDAS Model

Complexity, 2022
In this study, we propose to employ the conditional autoregressive range-mixed-data sampling (CARR-MIDAS) model to model and forecast the renminbi exchange rate volatility. The CARR-MIDAS model exploits intraday information from the intraday high and low
Xinyu Wu, Mengqi Wu
doaj   +1 more source

A MOEDA DIGITAL CHINESA E O FUTURO DO SISTEMA MONETÁRIO E FINANCEIRO INTERNACIONAL

Revista de Economia Contemporânea, 2022
RESUMO Este artigo discute o papel que a moeda representa nas relações de poder dos Estados em relação aos agentes privados, bem como em relação aos seus pares no sistema internacional, a partir do caso da moeda digital chinesa. A análise do “e-Renminbi”
Luiza Peruffo, André Moreira Cunha, Andrés Ferrari Haines   +2 more
doaj   +1 more source

Rising Tides Lift All Boats: The Sustained Dominance and Global Impact of the US Dollar as the Reserve Currency [PDF]

SocioEconomic Challenges
This paper investigates whether the euro or renminbi could join or even replace the US dollar as a dominant global reserve currency. The US dollar has long been dominant in international trade and finance, due to the size and stability of the US economy ...
Masaaki Yoshimori
doaj   +1 more source

The Challenges of Reforming the International Monetary System in the Post COVID-19 World

Studies in Business and Economics, 2020
The paper analyzes if the international monetary system calls for reform and whether China and the renminbi will play a decisive role in the post COVID-19 world.
Cristina Mărginean Silvia, Ramona Orăştean   +1 more
doaj   +1 more source