The Future of the Renminbi and Its Impact on the Hong Kong Dollar (Essay)

By The Cato Journal

Release Date: 2008-03-22
Genre: Politics & Current Events

Description

This article outlines our thoughts on the following three issues. First, will the renminbi become an international currency in the foreseeable future? Second, what does the international use of the renminbi mean for Hong Kong? Third, should the Hong Kong dollar exchange rate be repegged to the renminbi? Will the Renminbi Become an International Currency?

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