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Title: |
The Analyses on RMB Becoming Transaction Currency in International Trades |
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Source: |
International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment)
(pp 2859-2862)
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Author(s): |
Xi Huang, Modern Service and Trade College, Yunnan University of Finance and Economics, Kunming, Yunnan, China, 650221 |
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Abstract: |
RMB becoming transaction currency in international trades marked RMB made a stride towardinternationalization. In this thesis, the author analyses the positive and negative effects about RMB becomingcurrency of settlement in international trades. According to the negative effects, the author put forward thecorresponding proposal and measures.
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