China | SDR inclusion cannot reverse the depreciating trend of the RMB exchange rate
Publicada el martes, 1 de diciembre de 2015 | Actualizada el martes, 1 de diciembre de 2015
China | SDR inclusion cannot reverse the depreciating trend of the RMB exchange rate
Resumen
On November 30, the International Monetary Fund announced the long-awaited decision to include the RMB in the basket of currencies that underpins special drawing rights. The decision marks an important moment in China’s long journey to internationalize its currency. However, it remains mostly symbolic and will not reverse the RMB's depreciating trend.
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Autores
Le Xia
BBVA Research - Economista Jefe
Documentos y archivos
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 850