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Financial Analytics: Science and Experience
 

Prospects of Chinese Yuan in international monetary relations

Vol. 6, Iss. 31, AUGUST 2013

Available online: 29 August 2013

Subject Heading: WORLD CURRENCY SYSTEM

JEL Classification: 

Linkevich E.F. PhD in Economic Sciences, Associate Professor, the Department of World Economy and Management, the Kuban State University
alins@list.ru

In the article the analysis of influence of currency policy of China on the international financial relations is carried out. The prospects of internationalization of the Chinese Yuan are considered. Impact of dynamics of an exchange rate of Yuan on an export potential and development of economy of China is investigated. The reasons of delay of economic growth are established; demand of the world community for the Chinese currency is estimated. Efficiency of a monetary policy of National Bank of China is analyzed.

Keywords: world currency system, reserve currency, monetary regulation, Yuan

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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