The highest form of the competition between national economy is currency. Due to the changes of the recent domestic and international situation, the voice about internationalization of RMB is getting louder. This paper explores RMB internationalization in the financial crisis. Based on the 2001-2008 Chinese GDP figures and the CPI in recent years and the PMI data,then analyzing the amount of RMB in the countries around China,the result shows that the foundation of the RMB internationalization is exist. Secondly, according to the situation of 2008.12-2009.3 Chinese currency swap agreements and the policy of Chinese government, and the effect to international situation come from financial crisis,we make the conclusion that the financial crisis make the reform of the international monetary system possible,and this is a opportunity to the internationalization of RMB.
KEYWORDS: internationalization of RMB,Currency Internationalization,financial crisis,international monetary system