Abstract
Incorporating RMB into the SDR basket represents a milestone in RMB internationalization. Jointly driven by five impetuses, RMB Internationalization Index (RII) jumped to 3.6, an increase of over ten times over five years. At this new stage, China needs to step up macro-financial regulation to avoid the waxing and waning of RMB internationalization.
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International Monetary Institute. (2018). Conclusions and Proposals. In: Monetary Institute, I. (eds) Currency Internationalization and Macro Financial Risk Control. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-13-0698-3_10
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DOI: https://doi.org/10.1007/978-981-13-0698-3_10
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Publisher Name: Palgrave Macmillan, Singapore
Print ISBN: 978-981-13-0697-6
Online ISBN: 978-981-13-0698-3
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