More countries find yuan financing attractive. Even without full convertibility, the Chinese currency offers something invaluable China wants it both ways with the yuan, and it may just succeed ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The idea of a "gold standard" monetary system is pretty simple -- the currency's value is fixed to gold. This is really no different than the dozens of "euro standards" and "dollar standards" already ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Economic liberalisation set in motion by the Narasimham Committee’s recommendations in 1991 put India on the path to opening its previously closed economy. Within five years, the country had moved to ...

A robust external profile has enabled increasing levels of convertibility in both current and capital accounts of India’s transactions with the world. Moreover, the country today boasts strong forex ...

IN the past two years the financial strength of the free nations of the world has grown remarkably. Europe is now strong enough for the biggest and riskiest financial step since the end of World War ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Remember when Brazil used to talk about making its currency convertible? Until a few months ago Brazilian ...

The renminbi has come a long way since 2009 when Beijing took the first steps to promote its use to settle trade transactions and opened up the RMB bond market. And while it certainly still has some ...

As this month’s cover story makes plain, the move to full convertibility will not be swift, but the trend seems clear. It reflects the growing importance of the Chinese economy: the relevance to ...

Professor Robert Mundell urges gold convertibility for the euro, the currency which he fathered, as well as for the dollar. This is a major step forward. Thought leaders are abandoning "old monetarism ...