Central bankers see reserve currency future for renminbi
Thirty-five per cent of respondents think the renminbi will account for at least 5% of global foreign-exchange reserves by 2025 or before. Over half of respondents to the survey said it would take more than 16 years.
A reserve manager from an industrial country summed up the situation: "There is a good chance [that the renminbi will become a reserve currency.] The pre-requisites for a currency to become internationalised are said to be free movement of capital, stability, and predictability of
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