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Internationalizing the Yen: 1981–2003

Shinji Takagi

in Conquering the Fear of Freedom: Japanese Exchange Rate Policy since 1945

Published in print:
2015
Published Online:
May 2015
ISBN:
9780198714651
eISBN:
9780191782893
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198714651.003.0005
Subject:
Economics and Finance, Financial Economics, Macro- and Monetary Economics

Chapter 5 reviews attempts by Japanese authorities to promote international use of the yen, mainly in trade invoicing and cross-border capital transactions. Because efforts involved developing ... More


Conclusion

Eswar S. Prasad

in Gaining Currency: The Rise of the Renminbi

Published in print:
2016
Published Online:
October 2016
ISBN:
9780190631055
eISBN:
9780190631086
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190631055.003.0010
Subject:
Economics and Finance, International

The rise of the RMB has been impressive by any standard although the currency still has a long way to go before it becomes a major reserve currency that accounts for a substantial portion of global ... More


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