Board #33 - Western Sanctions as a Determinant of Central Bank Renminbi Diversification

• In Event: 86-303 - Poster Session: Politics of International Finance and Currency

Brief Overview

This study considers international sanctions as a factor that can influence a state’s decision to diversify foreign exchange reserve assets to include the Chinese Renminbi (RMB) at a stage in which there isn’t a clear economic benefit to doing so.

Author

• TJ Pfannenstiel, Creighton University