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Saturday, 27 April 2024

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Global corporates and FIs see digital currency and sustainable finance as key drivers for RMB use

New digital financial infrastructure, new regional free trade agreements, and decisive leadership in the emerging sustainability and green agenda bode well for international RMB adoption.

Research Notes

RMB: The road gets steeper

It is clear that China’s goal of becoming the world’s largest economy by 2020 and the internationalisation of the RMB are two initiatives that are symbiotic in nature. With the recent IMF decision to include the currency in the SDR currency basket, what does the future hold for the RMB?

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Our archives on CIPS

Global corporates and FIs see digital currency and sustainable finance as key drivers for RMB use

RMB: The road gets steeper