US Dollar

  • What Currency War?

    What Currency War?

    Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets.

  • Internationalizing the RMB

    Internationalizing the RMB

    A 2012 report from the International Monetary Fund explains the conditions for and progress toward the internationalization of the Chinese renminbi (RMB).