Three most important reasons why Chinese currency is not yet ready to become a global reserve currency are restrictions imposed on capital inflows and outflows,
Three most important reasons why Chinese currency is not yet ready to become a global reserve currency are restrictions imposed on capital inflows and outflows, underdeveloped nature of Chinese financial markets and frequent interventions by the Chinese government to dictate or manage the value of Chinese Yuan.
True
False
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Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
