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The Economist Intelligence Unit
Generation ¥
RMB: The New Global Currency
EIU, 2015
What's inside?
You can’t yet buy swaps denominated in renminbi, but the Chinese currency is taking off.
Recommendation
China’s fast-rising currency is elbowing its way onto the world stage, and it’s poised to stay there, according to this sanguine look at the renminbi (RMB) from the Economist Intelligence Unit. The report doesn’t shy away from addressing the problems and complexities associated with the RMB, but its authors reach the inexorable conclusion that China’s currency has cemented its place in global commerce and foreign exchange. getAbstract suggests this eye-opening report to treasury officers and risk managers seeking insight into a currency that’s gaining ground.
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About the Author
The Economist Intelligence Unit is an independent research and analysis organization.
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