Internationalization of the Chinese Yuan and its impact on the future of the US Dollar

Author

Budri, Sharif Bu Ali

Source

Economic Researcher Review

Issue

Vol. 8, Issue 2 (31 Dec. 2020), pp.90-103, 14 p.

Publisher

University of 20 August 1955 Skikda Faculty of Economic Commerce and Management Sciences

Publication Date

2020-12-31

Country of Publication

Algeria

No. of Pages

14

Main Subjects

Economy

Topics

Abstract EN

This study aims at clarifying the development of the Chinese yuan status in the global economy, especially after the launch of its internationalization process from 2009 to the present day, we are going to elucidate why China is very interested in internationalization its currency? In this study, we relied on the descriptive and analytical approach that relies on analyzing data and statistics about the Chinese currency and the evolution of its global position against the US dollar since the beginning of its internationalization process 2009.

The Chinese currency has known an increasing usage in international transactions, even with these new events which have been caused by the COVID-19.

The importance of this study is to provide a current and future view of the international monetary system in the light of increasing of the international role of the Chinese currency, especially after its internationalization process.

American Psychological Association (APA)

Budri, Sharif Bu Ali. 2020. Internationalization of the Chinese Yuan and its impact on the future of the US Dollar. Economic Researcher Review،Vol. 8, no. 2, pp.90-103.
https://search.emarefa.net/detail/BIM-1007523

Modern Language Association (MLA)

Budri, Sharif Bu Ali. Internationalization of the Chinese Yuan and its impact on the future of the US Dollar. Economic Researcher Review Vol. 8, no. 2 (Dec. 2020), pp.90-103.
https://search.emarefa.net/detail/BIM-1007523

American Medical Association (AMA)

Budri, Sharif Bu Ali. Internationalization of the Chinese Yuan and its impact on the future of the US Dollar. Economic Researcher Review. 2020. Vol. 8, no. 2, pp.90-103.
https://search.emarefa.net/detail/BIM-1007523

Data Type

Journal Articles

Language

English

Notes

Includes appendices : p. 102-103

Record ID

BIM-1007523