The RMB exchange rate regime is one in which gradual reforms must yield to interest rates levels and hence should only be revalued conditionally.经济与政治研究:英文版JIANBOSONGSEANMACKINNONSONGTAOTAN
The RMB exchange rate regime is one in which gradual reforms must yield to interest rates levels and hence should only be revalued conditionally.doi:10.1080/20954816.2015.11673834JIANBOtheSONGtheSEANtheMACKINNONtheSONGTAOtheTANthethetheSchoolthe
The innovative course of RMB exchange rate system. 人民币汇率制度改革就是一个从官方汇率逐步走向市场汇率,并不断增加汇率弹性与灵活性的动态调整过程。 更多例句>> 3) RMB exchange rate regime 人民币汇率制度 1. Research on the Choice of RMB Exchange Rate Regime; 人民币汇率制度的选择研究 2. St...
The existing Renminbi exchange rate regime is a fixed exchange rate regime pegge d at the US dollar, which is inherently unstable, lacks the function of ironing out exchange rate fluctuations and, to some extent, weakens the effectiveness of the central bank's monetary policy. Therefore, policy...
The sustainability of China's exchange rate policy and capital account liberalisation This paper deals with two related issues: the sustainability of China's exchange rate regime and the opening up of its capital account. The exchange rate d... L Cappiello,G Ferrucci - 《Social Science Electroni...
BEIJING – In June, the Peoples’ Bank of China (PBC), China’s central bank, announced an end to the renminbi’s 23-month-old peg to the dollar and a return to the pre-crisis exchange-rate regime adopted in July 2005. 发自北京——今年6月,中国人民银行宣布结束持续了23个月的人民币...
international criticism of, China's exchange rate and its currency regime. It is a theme of this chapter that criticism of China's exchange rate policy is not simply a reflection of scapegoating, policy failures, and a lack of strategic planning outside China. China's exchange rate policy its...
We propose a regime-switching setting to assess the role of the ChineserenminbiinAsia. Our contribution relies on nonlinear coefficient constraints to detect periods during which currencies were floated and synchronised against the renminbi. We link the corresponding estimated regimes tomacroeconomicdetermina...
Summary of key points: · A fixed exchange rate and a flexible exchange rate each have its own advantages. · A country should have the right to choose the regime best suited to its circumstances. · Nevertheless, the de facto dollar peg may now have outlived its usefulness for China. ·...
The Renminbi exchanges US dollar exchange rate (on December 8) the noon plate continual 7 trading days to touch on Thursday falls stops.The European debt crisis prospect unoptimistic, the Chinese economical speed-up glides down is the Renminbi appears the depreciation anticipated primary cause.But ...