ESWAR PRASAD

Latest from ESWAR PRASAD

Economic reforms alone won't put the renminbi in the dollar's league

Scarcely a week passes without news about the ascendance of the renminbi. But China has a long way to go before its currency can rival - let alone displace - the US dollar as the dominant global reserve currency.

27 Jun 2016 - 11:50AM

Scarcely a week passes without news about the ascendance of the renminbi. But China has a long way to go before its currency can rival - let alone displace - the US dollar as the dominant global reserve currency.

Economic reforms alone won't put the renminbi in the dollar's league