Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper reviews experience with currency convertibility on both the current ...

China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the ...

Currency convertibility is the ease with which a country's currency can be converted into gold or another currency. Currency convertibility is important for international commerce as globally ...

Reforms do not necessarily mean free-floating yuan, says PBOC chief Central bank chief Zhou Xiaochuan said on Monday that the country's goal to achieve the yuan's capital account convertibility ...

US exceptionalism is over – the beginning of the end,’ Singapore-based economist warns while weighing in on how China can ...

But the situation in other parts of the world is quite different. Full convertibility for the Chinese renminbi is on the horizon for the near future. Indeed, some market watchers expect the Indian ...

As India gains economic power and broadens foreign investment collaboration, there are both advantages and disadvantages associated with rupee convertibility which have led to a continuous debate ...

As part of his economic policy, he ended the convertibility of the US dollar to gold and moved to a system of floating interest rates, leading to what has been called the “Nixon shock.” ...