Why renminbi internationalisation is showing signs of ‘stalling out’

The internationalisation of the renminbi has always been a strong focus for Beijing, but a recent IMF report suggests it could be losing ground to other non-traditional reserve currencies.
Why renminbi internationalisation is showing signs of ‘stalling out’
By Peter Shadbolt
Jul 10, 2024
linkedinfacebooktwitter

Despite its strong valuation, the US dollar’s share of global foreign exchange reserves has been gradually decreasing over the past two decades – a steady decline that can be attributed to a host of factors.

Sign in to read on!


Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to CorporateTreasurer.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.

Questions?

See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
PaymentsRisk & ComplianceTrade & Supply Chain FinanceTreasury
imfinternationalisationnontraditional currenciesreserve currenciesrmb
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters

Related Articles