Exchange rate fluctuation shocks the world.Analyzes the implications of the devaluation of the US dollar with respect to the Japanese yen and the German mark in the international money market. Factors responsible for the fluctuation and its affects on developed and developing countries.Yuanhua...
Exchange rate Oil price Policy uncertainty Quantile-on-quantile Russia JEL classification E6 E58 F31 1. Introduction Since adopting a full-fledged market economy in 1991, the Russian economy has experienced substantial fluctuation in exchange rates. Specifically, during the floating exchange rate period...
market,and the new series of ARCH models can simulate the time series much better.In this essay,1069 data of USD/RMB exchange rate series are selected,from January 2nd 2003 to April 20th 2007,and GARCH(1,1)model is applied to investigate the fluctuation rules of USD/RMB exchange rate ...
the fluctuation of RMB Exchange Rate.The results of empirical research show:(1) the appreciation of RMB does push up the housing price;(2 ) the rising of housing price in turn increases the pressure of the appreciation of RMB;(3) the enlargement of the RMB exchange rate fluctuation does ...
In order, China will first vigorously promote exchange rate marketization reform, enhance RMB exchange rate flexibility and realize two-way fluctuation of exchange rate, and then cautiously push forward the reform of interest rate marketization step by step, at the same time, gradually promote some ...
< p > Zhou Xiaochuan said that the two-way fluctuation of exchange rate is a mechanism reform. At the same time, capital flows are not stable around the world. The monthly data actually observed now include cross currency depreciation, not necessarily capital inflow, so the two-way fluctuation...
The Impact of RMB Exchange Rate Expectation on China's Foreign Direct Investment In 2005, after the change of exchange rate, the expectation of upward expectation was deepened because of the fluctuation of RMB exchange rate. For international companies, on a country's currency exchange rate volatil...
in international market.Besides,the RMB exchange rate depreciation deteriorates the trade balances of the industrial goods rather than increases the net exports,because the import and export demand elasticity is very small for machinery and transportation goods which are dominant in the industrial goods...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Thesaurus Medical Financial Idioms Encyclopedia fluc·tu·ate (flŭk′cho͞o-āt′) intr.v.fluc·tu·at·ed,fluc·tu·at·ing,fluc·tu·ates To vary irregularly, especially in amount:School enrollment has...
exchange ratecurrencycurrency reservesmoneyIn this article, we intend to indentify the impact of the currency rate of exchange variation of the two main currencies which represent Romania's foreign currency reserve and the stress test it submits the latter. Up to the present moment there not ...