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- MAS Occasional Paper No. 3 December 1997 - By External Economies Division, Economics Department Part I: Is the Renminbi Fairly Valued? Motivation 1 Is the renminbi undervalued or overvalued? This question has perplexed analysts because of conflicting signals from the economy. Since the exchange reform of Jan 94, the renminbi has appreciated in real terms against the dollar reflecting the high inflation. This gave rise to concerns that the renminbi was becoming overvalued, thereby eroding
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- The Global CBDC Challenge organised by MAS, in partnership with IMF, World Bank, ADB, UNCDF, UNHCR, UNDP and OECD, seeks innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion. This report provides a summary of the challenge through its various phases and includes highlights of the solutions presented by the 15 finalists during the Singapore Fintech Festival 2021. -------- -------- -------- (cid:41)(cid:82)(cid:85)(cid:72)(cid:90)(cid:82)(cid:85)(cid: