Internationalization of the RMB

Drawing upon the latest and full-range government data, Internationalization of the RMB: 2013 Annual Report is a firsthand look at China's current RMB policy and goals for full Renminbi (RMB) convertibility in the near-future. The work of International Monetary Institute (IMI), this book provides a clear picture of the RMB Internationalization Index (RII), offers recommendations and insights into the direction of China's currency reform, and explains the Triffin Dilemma and its connection to China's path for full internationalization of the RMB. Internationalization of the RMB: 2013 Annual Report is the first book to examine the history of China's drive for RMB internationalization as well as the current status of RMB convertibility.