The Renminbi as a Reserve Currency (Part 1) Aug. 31, 2009 11:28 AM ET CYB, CNY 24 Comments. Patrick Chovanec. 889 Followers. Follow.

BY JOHN MAULDIN, Mauldin Economics The Chinese renminbi has been recently included in the IMF's reserve currency basket, which previously consisted of the US dollar, the euro, the British pound ...

Premier Reserve Is the Dollar, But Look Out for the Renminbi Published Dec 26, 2011 at 12:00 AM EST Updated Dec 28, 2011 at 8:24 AM EST Illustration by The Heads of State ...

Dollar holders need not panic. A reserve currency, in our view, requires deep and credible government bond markets, an open capital account and critical mass in global financial systems.

China's Renminbi Now Officially a Reserve Currency. Thinkstock. Paul Ausick. Published: November 30, 2015 1:05 pm. Last Updated: January 13, 2020 4:40 pm.

This week's news that Brazil and China have signed a $30 billion currency swap agreement gave a renewed boost to excited chatter over the rising influence of China's currency, the renminbi (RMB ...

Reserve currency, i.e. is the renminbi held by other central banks. China took a significant step in internationalizing its currency when it allowed companies all over the world to settle trade in ...

The reasoning is as follows. The renminbi’s newfound status as a reserve asset is going to, over the medium term, boost demand for the currency among central banks. A recent poll of reserve managers ...

If the renminbi gets approved as a reserve currency, the emerging world is likely to seize this as an opportunity to use it in trade with their primary trading partners.

If the renminbi ever becomes a major trading or reserve currency, it is going to take a long time for this to happen and will require a radical transformation of the Chinese economy and the role ...

China's rise and recent trade talks with Brazil and Saudi Arabia have fueled renewed speculation about the renminbi dethroning the U.S. dollar as the world's reserve currency.