But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
Oxford University Press, 2016, 344 pp, $29.95 (hardcover). Such is the scope and range of Eswar Prasad’s new book Gaining Currency: The Rise of the Renminbi. In it, the author capitalizes on the ...