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文章基本信息

  • 标题:FX and derivatives markets in emerging economies and the internationalisation of their currencies
  • 本地全文:下载
  • 作者:Torsten Ehlers ; Frank Packer
  • 期刊名称:BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
  • 印刷版ISSN:1012-9979
  • 出版年度:2013
  • 卷号:2013
  • 语种:English
  • 出版社:Bank for International Settlements
  • 摘要:Derivatives markets in emerging economies have continued to grow since 2010, driven mostly by very strong growth in the OTC market. Emerging market currencies have become more international as offshore markets are a major contributor to FX turnover. The Chinese renminbi is actively traded within emerging Asia. Trading of emerging market currencies is positively related to the size of cross-border financial flows.
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