Home » Central banks will accelerate rise of the renminbi, OMFIF report reveals

Central banks will accelerate rise of the renminbi, OMFIF report reveals

by admin

Central banks will accelerate rise of the renminbi, OMFIF report reveals

Download your complimentary copy of Global Public Investor 2021

OMFIF’s eighth annual Global Public Investor finds the renminbi is on course to become a much more influential part of the global financial system as central banks add the Chinese currency to their reserve assets. The impact of Covid-19 and low interest rate environment has prompted a fundamental shift in asset and currency allocation plans of many of the world’s most influential investors.

OMFIF surveyed more than 100 GPIs – central bank reserve managers, sovereign funds and public pension funds – on their asset allocation strategies, investment approaches and market trends. The 2021 edition examines how central banks are embracing riskier assets, new currencies, and a more holistic understanding of asset ownership, drawing on a new dataset of over 100 sovereign investors.
​​​

You may also like

Leave a Comment