The Japanese Yen as an International Currency

The Japanese Yen as an International Currency
The role of the Japanese yen as an international currency is assessed. It is found that the determinants of international-currency use imply some increase for the yen's use in international finance; however, the implications for the yen's use in international trade are mixed. It is also shown that, despite Japan's emergence as the world's... READ MORE...

Publication date: January 1991
ISBN 9781451930993
$15.00

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