Title :
Internationalization of the Yen and the Renminbi Internationalization of Development and Prospects for Cooperation
Author_Institution :
Zhejiang Univ. of Finance, Hangzhou, China
Abstract :
This paper discusses the accompanying rapid economic development in East Asia, the yen and the yuan are successively varying degrees, stepped into the international track. Stressed that the foundation and the RMB in yen \´s strength, both Bai He aspect to economic development in Asia and the "East Asian currencies" as the starting point and foothold, strengthen cooperation and broad prospects. Otherwise, the "thriving" go it alone, then very difficult to make a difference.
Keywords :
foreign exchange trading; international finance; Bai He aspect; East Asian currencies; RMB; Renminbi internationalization; Yen internationalization; economic development; Asia; Business; Europe; Exchange rates; Finance; Industries; Cooperation and Development; East Asian currencies; RMB internationalization; internationalization of the yen;
Conference_Titel :
Business Intelligence and Financial Engineering (BIFE), 2013 Sixth International Conference on
Conference_Location :
Hangzhou
Print_ISBN :
978-1-4799-4778-2
DOI :
10.1109/BIFE.2013.64