英语课课件修改版.pptx

;;; ; ;;;Four fundamental factors of an international currency ; ;4. network externalities(外部效应）: An individual (exporter,importer, borrower, lender, or currency trader) is more likely to use a given currency in his or her transactions if everyone else is doing so. ;RMB internationalization process;;Bronze Age: (1)In June 2007, first RMB bond landed in Hong Kong (2)In July 2008,Peoples Bank of China found Exchange rate division to develop RMB offshore market (3)In December 2008 Peoples Bank of China and Bank of Korea signed a bilateral currency swap agreements (4) Also in December China signed a autonomous Choose bilateral currency settlement agreement with Mongolia （蒙古）and some other neighboring countries ;(1)China signed Bilateral currency exchange agreements with Belarus（白俄罗斯） ，Indonesia （印度尼西亚）and Argentina（阿根廷） (2)Cross-border rmb trade settlement will try in Hong Kong and then expanded to the whole country (3)In 2012,RMB internationalization process officially started in South Africa, trade between our country and the South African is directly used RMB (4)In 2013,China and Britain agreed to directly exchange RMB with the pound (5)In 2014,CCB served as a clearing bank for RMB business in London, BOC served as the RMB clearing bank in Frankfurt（法兰克福）,BCM served as the clearing bank for RMB business in Seoul ; Currently, the RMB is expected to join SDR，it is very important for RMB internationalization. The conditions of RMB added SDR（特别提款权） : 1 Trade demand 2 RMB bonds, RMB exchange, RMB deposits must meet the requirements of the international clearing bank 3 Liberalization of interest rate and exchange rate;A set of data on the internationalization of RMB2014 global merchandise exports ranking;According to the Association for Worldwide Interbank Financial Telecommunication (Swift) notice（根据环球银行间金融通信协会(Swift)的公告）;According to the Bank for International Settlements notice （根据国际清算银行公告）;According to the Bank for International Settlements notice （根据国际清算