The risk of exchange rate fluctuation and path choice in rmb internationalization
Authors
Hongcheng Wang, Xinting Bian
Corresponding Author
Hongcheng Wang
Available Online October 2017.
- DOI
- 10.2991/febm-17.2017.76How to use a DOI?
- Keywords
- RMB; exchange rate; fluctuate; internationalization; path
- Abstract
At present, China has great influence in the world economy , the status of the RMB is also increasing rapidly. However, the level of internationalization of RMB is still lagging behind China's economic status. In recent years, internationalization of RMB has made great progress, the RMB has been included in the SDR currency basket and become the world currency. In the process of RMB internationalization, the fluctuation rate of RMB exchange rate has gradually become larger, and exchange rate fluctuation has a great influence on the process of RMB internationalization. The path choice of RMB internationalization is also an important factor
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Hongcheng Wang AU - Xinting Bian PY - 2017/10 DA - 2017/10 TI - The risk of exchange rate fluctuation and path choice in rmb internationalization BT - Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017) PB - Atlantis Press SP - 563 EP - 569 SN - 2352-5428 UR - https://doi.org/10.2991/febm-17.2017.76 DO - 10.2991/febm-17.2017.76 ID - Wang2017/10 ER -