Gaining Currency: The Rise of the Renminbi

by Eswar S. Prasad

Book Overview

In Gaining Currency, leading China scholar Eswar S. Prasad describes how the renminbi (RMB) is taking the world by storm and explains its role in reshaping global finance.

This book sets the recent rise of the RMB, China's currency since 1949, against a sweeping historical backdrop. China issued the world's first paper currency in the 7th century. In the 13th century, Kublai Khan issued the first-ever currency to circulate widely despite not...

• Format: Hardcover
• Language: English
• ISBN: 0190631058
• ISBN13: 9780190631055
• Release Date: October 2016
• Publisher: Oxford Univ PR
• Length: 344 Pages
• Weight: 1.35 lbs.
• Dimensions: 1.3" x 6.1" x 9.3"