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Developments in Renminbi Internationalisation

24 Jun 2013 Bulletin – June 2013
Alexander Ballantyne, Megan Garner and Michelle Wright
The ‘internationalisation’ of the Chinese renminbi (RMB) is proceeding at a measured pace, with a sequence of reforms designed to increase its use in international trade and investment. Over the longer term – as the exchange rate becomes more
https://www.rba.gov.au/publications/bulletin/2013/jun/8.html