The presentation begins with an analysis of the demand and supply of currencies used by transactors. What motivates individuals and businesses to use a currency other than their own? If businesses in Singapore and Indonesia cannot agree on using SGD or IDR, which currency will they choose?

While countries can deter others from using their currencies (Switzerland and Singapore, for example), the use of a country’s currency by third-country transactors cannot be compelled. They must earn this role in competition with others.

The special role of the RMB will be analyzed from this perspective, in part by comparing the RMB with another Asian currency supported by a very large economy, the JPY. The analysis will also ask why the PRC government has been so keen to promote the international role of their currency.

We invite Dr Gunter Dufey, Prof Emeritus at the University of Michigan to discuss.

Venue Generously Sponsored By Hogan Lovells Lee & Lee

Professor Gunter Dufey
Dr. Gunter Dufey joined the faculty of the University of Michigan Business School in 1968. His academic interests center on international money and capital markets as well as on financial policy of multinational corporations, specializing on issues of Corporate Governance, Risk Management and the Intl. Expansion Strategy of business firms. He also serves on the faculty of NTU/NBS.

Singapore – RMB INTERNATIONALIZATION – A CRITICAL ANALYSIS with Professor Gunter Dufey [Thursday, August 17]
bandar judi slot judi online jadwal euro 2021
Agen Situs Pkv Games Terpercaya
judi togel
slot Thailand agen slot88 slot online terpercaya Situs slot gacor 2024 slot gacor