One thing that the U.S. gold standard advocates have been going back-and-forth on for a long time is the principle of "convertibility" -- the legal obligation of the currency issuer to trade its ...

Goal of yuan convertibility within reach Qu Hongbin expects the renminbi to be fully convertible in five years, not only because of the market's impressive growth so far but also, more importantly ...

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 ...

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 ...

A senior central bank official has proposed establishing a controlled environment known as a “regulatory sandbox” to test China’s digital yuan and push greater capital account convertibility ...

Reforms do not necessarily mean free-floating yuan, says PBOC chief Central bank chief Zhou Xiaochuan said on Monday that the country's goal to achieve the yuan's capital account convertibility ...

Besides default, perhaps the biggest risk to holders of euro-denominated bonds is currency convertibility. It isn't talked about all that often, but it hangs over the market like a black cloud ...

RMB convertibility under capital accounts is a complicated issue, said SAFE Director Hu Xiaolian in March. It is a process that should be adapted to China 's economic development, ...

Convertibility thus precedes internationalisation which means the case for convertibility needs to be established first. This has been inconclusive ever since the currency turmoil witnessed in ...

China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the ...