Add to ORKGThe head of China’s central bank is calling for countries to replace the U.S. dollar as an international reserve currency with something called SDRs. Created by the IMF way back in 1969 for that purpose, SDRs never caught on. While SDRs may be declared an official international reserve asset today, they are not likely to become the world’s key international currency anytime soon. In the meantime, countries in China’s current predicament--acquiring more dollars than they think prudent--could avoid such risks in the future by allowing their currencies to appreciate.Special drawing rights ; Bank of China
As part of discussions on reforming the international monetary system, there has been renewed intere...
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance ...
In the future, there is no one currency that is likely to replace the dollar as the main reserve cur...
he discussions on alternative reserve currency have been reopened when People’s Bank of China (PBC) ...
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance ...
The current international monetary system (IMS) is fragile because the dollar standard is rapidly de...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
On October 1, 2016, the Chinese RMB (yuan) will be included in the SDRs of the International Monetar...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
The global reserve system has returned to the top of the agenda in debates about international monet...
China and the international monetary system need each other. The international monetary system is st...
After several years of efforts, especially on the part of the Chinese government, the International ...
In recent years China's phenomenal growth has led to speculation that its currency, the Renminbi, ...
From a situation as late as 2008, when they were largely unfashionable, special drawing rights (SDR ...
As part of discussions on reforming the international monetary system, there has been renewed intere...
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance ...
In the future, there is no one currency that is likely to replace the dollar as the main reserve cur...
he discussions on alternative reserve currency have been reopened when People’s Bank of China (PBC) ...
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance ...
The current international monetary system (IMS) is fragile because the dollar standard is rapidly de...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
On October 1, 2016, the Chinese RMB (yuan) will be included in the SDRs of the International Monetar...
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of Chin...
The global reserve system has returned to the top of the agenda in debates about international monet...
China and the international monetary system need each other. The international monetary system is st...
After several years of efforts, especially on the part of the Chinese government, the International ...
In recent years China's phenomenal growth has led to speculation that its currency, the Renminbi, ...
From a situation as late as 2008, when they were largely unfashionable, special drawing rights (SDR ...
As part of discussions on reforming the international monetary system, there has been renewed intere...
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance ...
In the future, there is no one currency that is likely to replace the dollar as the main reserve cur...