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Internationalization of Major Currencies

In: Reform of the International Monetary System and Internationalization of the Renminbi

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  • Ruogu Li

Abstract

The history of the evolution of international monetary systems is also a history of the internationalization of major currencies. This chapter reviews the internationalization of the British pound sterling, the dollar, the Deutsch mark, and the Japanese yen to provide reference for the internationalization of the renminbi.

Suggested Citation

  • Ruogu Li, 2015. "Internationalization of Major Currencies," World Scientific Book Chapters, in: Reform of the International Monetary System and Internationalization of the Renminbi, chapter 19, pages 235-252, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789814699051_0019
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    More about this item

    Keywords

    IMF; World Bank; Financial Crisis; International Monetary System; RMB; International Monetary System Reform; China; US; Dollar; Renminbi; Yuan; Currency; Exchange Rate;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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