rmb currency review - Chinese yuan symbol - RMB currency

Structural Evolution of RMB Exchange Rate Reform

The Renminbi (RMB) exchange rate regime reform has gone through three stages roughly once every decade since 1994.

The Fed

In contrast to popular reserve currencies such as the U.S. dollar or euro, the exchange rate of the Chinese renminbi is not freely floating but 

Book Review: One Currency, Two Markets: China's Attempt

The book provides an interesting and informative read for scholars and practitioners interested in China's policy to internationalize its currency.

Chinese currency exceptionalism: The curious

We argue that RMB internationalisation, especially since 2015, has been driven by both inward investment to China and growing Chinese private sector investment 

Renminbi

The renminbi is issued by the People's Bank of China, the monetary authority of China. [3] It is the world's fifth most traded currency as of April 2022.

Yuan vs. Renminbi: What's the Difference?

RMB is the official currency of the People's Republic of China. It means "people's currency" in Mandarin. CNY is a unit of the currency.