full convertibility
Exemple din articole cu full convertibility
- Read all the article posted in Economic -> This is a step moving to full convertibility of the yuan, and is a major change of the international financial landscape.
- Analysts predict that next month Chinese Premier Wen Jiabao will announce a plan to achieve the full convertibility of the renminbi within five years.
- However, as a practical matter, for a nation's currency to be considered a reserve asset worthy of inclusion in the SDR, it must have the ability to be widely used, which requires full convertibility for capital account transactions.
- Moreover, different organizations have different criteria for evaluating the status of an economy, and metrics such as full convertibility of the local currency can play a big role in determining an economy's status.
- Xia Bin, an advisor to the People's Bank of China, called for full convertibility of the renminbi within a decade, the Wall Street Journal reported.
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