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    RMB Internationalization

    BBVA Research Publications

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    November 13, 2023

    China | RMB Internationalization: what is the progress for BBVA footprint countries?

    We analyze the recent progress of RMB internationalization in BBVA footprint countries including Spain, Türkiye, Argentina, Colombia, Peru, Mexico, Venezuela and Brazil.

    May 27, 2013

    China's RMB Bilateral Swap Agreements: What explains the choice of countries?

    This paper analyzes empirically the determinants behind the choice of countries signing an RMB-denominated Bilateral Swap Agreement (BSA) with China

    April 23, 2012

    RMB Internationalization: What is in for Taiwan?

    Along with the steady pace of RMB internationalization, this paper proposes Taiwan as a potential candidate to become the next RMB offshore center.