China's Yuan: Asia's Future Anchor Currency?

Author

Hwee Kwan CHOW, Singapore Management UniversityFollow

Publication Type

News Article

Version

publishedVersion

Publication Date

4-2015

Abstract

The yuan is becoming more widely used in pricing and settling intra-regional trade and investment. Asian currencies' movements are likely to shift more in tandem with the yuan, leading to it becoming one of Asia's lead currencies. Singapore is now the world's second-most- important offshore yuan trading hub after Hong Kong.

Keywords

Currency, China, Singapore, financial center

Discipline

Asian Studies | Finance | International Economics | Macroeconomics

Research Areas

Macroeconomics

Publication

Straits Times

First Page

A20

Last Page

A20

ISSN

1692-9344

Publisher

Singapore Press holdings

Citation

CHOW, Hwee Kwan. China's Yuan: Asia's Future Anchor Currency?. (2015). Straits Times. A20-A20.
Available at: https://ink.library.smu.edu.sg/soe_research/1955

Copyright Owner and License

Authors

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.