full convertibility

Despite her bullish comments, she said there is no timetable for the full convertibility of yuan.

The paper also added that it was unclear that currencies "should await full convertibility to be allowed into the basket. "

"The question is how fast the renminbi achieves full convertibility. Will we still need such a safe haven in five years? I hope not. "

Realistically, it will be 'many years, or even decades' before China achieves full convertibility, he said.

We ~vill then be able to achieve full convertibility of the RMB. thus internationalizing the RMB.

The currency board guarantees full convertibility of the country's notes and coins into the reference currency at a fixed exchange rate.

China has recently moved more quickly towards full convertibility, inducing frenzied market excitement.

China seems in no hurry to move towards full convertibility of the yuan and greater exchange-rate flexibility.

Note that qualified verb, and the implied distinction between full convertibility and free convertibility.

Chen said that China should accelerate the full convertibility of the yuan in trade and direct investment.

Full convertibility of the currency, of course, remains remote.

Yet while the swap arrangements do not signal full convertibility, they are an important step in that direction.

Yet that could come only, if ever, after full convertibility and radical changes to China's capital markets.

It is for this reason that full convertibility would come in the distant future, as this plan suggests.

But they also fear the upward pressure on the value of the yuan that a looser exchange-rate regime and full convertibility imply.

The government has announced the goal of full convertibility of the RMB by 2020.

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