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In the News

Rise of the Chinese renminbi

Geoff Riley

8th December 2014

China's renminbi has become a key driver of currency movements in Asia since the mid-2000s and especially since the global financial crisis. For example, when the Chinese authorities make official statements about their exchange rate and reserve policy, the currencies of other emerging Asian economies react in a way that is very similar to the market reaction of the renminbi.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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