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Karthik Sankaran
Longtime FX veteran with experience at Corpay, Eurasia Group, and multiple banks. Offers insights into global finance and currency markets.
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May 22, 2023
• 46min
What Needs to Happen for the Renminbi to Seriously Compete With the Dollar
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Karthik Sankaran, a seasoned FX veteran with extensive experience in global finance, discusses the factors that would enable the Chinese renminbi to rival the US dollar. He outlines the significant barriers China faces, including capital controls and an unopen economy. Sankaran argues for a multipolar currency system for global financial stability. He also highlights the intricate dynamics of US monetary policy and its implications for both economies, providing a nuanced look at the evolving landscape of international currencies.
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