The official said that India should continue moving toward making the rupee fully tradable against other currencies, even though it is not yet ready for full convertibility
In this context, a free-trade zone in Shanghai could be used as a testing ground for the yuan's full convertibility
whilst simultaneously help to establish Shanghai as a key regional financial, trading and shipping center within Northeast Asia.
Excluding the above three factors and judging from the 40 sub-items set by the IMF, you may find that actually China is not that far from capital account convertibility
," Zhou said.
measures are meant to convenience those tourists and Taiwanese traveling to China via the direct weekend charter flights.
Even the leading proponent of financial repression and its associated costs, McKinnon (1973, 1991) has argued that capital account convertibility
should come at the end of this process.
of Twist-Lyte has been improved.
system had a floor under the BCRA's foreign reserve cover, but no ceiling, and the BCRA's net domestic assets were not frozen.
As for his political program, other than a promise to remove the "iron corsets" of convertibility
and foreign debt payments--two views, ironically, gaining ground among official circles as well--Farinello remains vague.
After unifying the dual exchange rates of the Chinese currency renminbi (RMB) and implementing a managed-float system on January 1, 1994, China formally committed itself to partial currency convertibility
, that is, currency convertibility
under the current account, in December 1996.
Major European countries such as Germany and France were not expected to immediately allow full convertibility
of their currencies.
I proceed comfortably to the concept of currency convertibility
without monetary restrictions, was pleased with uses of convertibility
, and readily agreed that the store of value was stronger in convertible holdings.
Dowd  responded that the problems discussed by S-W could be avoided by linking indirect convertibility
to a futures targeting approach.