As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR ...
The big bang has arrived for Uzbekistan’s financial system, with the government lifting decades-old currency restrictions that had choked entrepreneurship and enabled the black market to thrive. At ...
“A freely convertible [currency] must have sound, credible and time-consistent macroeconomic policy,” noted Shri Padmanabhan, executive director of the Reserve Bank of India, recently, in an effort to ...
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