Renminbi from Marketization to Internationalization

A solid investigation on China’s floating exchange rate regime.

Explains why most countries favor a floating exchange rate regime under the existing international monetary system.

Based on important discussions about about exchange rate policies under multilateral and bilateral supervisionsat the IMF and experts from the CME Group and the London FX market.

Draws on cases, experiences and lessons of the US, Japan, India, Russia, Brazil, Argentina, Egypt, Pakistan, etc.