Internationalization of the renminbi
id:
internationalization-of-the-renminbi-206-11157585
title:
Internationalization of the renminbi
text:
Since the late-2000s, the People's Republic of China (PRC) has sought to internationalize its official currency, the Renminbi (RMB). RMB internationalization accelerated in 2009 when China established the dim sum bond market and expanded Cross-Border Trade RMB Settlement Pilot Project, which helps establish pools of offshore RMB liquidity. The RMB was the 8th-most-traded currency in the world in 2013 and the 7th-most-traded in early 2014. The launch of Shanghai–Hong Kong Stock Connect in Novembe
brand slug:
wiki
category slug:
encyclopedia
description:
Economic process in China
original url:
https://en.wikipedia.org/wiki/Internationalization_of_the_renminbi
date created:
2013-10-10T18:02:30Z
date modified:
2024-09-10T21:23:41Z
main entity:
{"identifier":"Q16253606","url":"https://www.wikidata.org/entity/Q16253606"}
image:
fields total:
13
integrity:
15