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Towards a floating RMB exchange rate regime.

The main challenge of China’s current exchange rate regime is that with large and frequent interventions, the RMB exchange rate cannot adequately respond to the changes in economic fundamentals. This will lead to unilateral exchange rate expectations and large-scale capital inflows or outflows. In a...

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Publicado en:China Economic Journal Vol. 11; no. 1; pp. 53 - 61
Autor principal: Bin, Zhang
Formato: Artículo
Publicado: Taylor & Francis Ltd Feb2018
Materias:
China
Capital movements
Foreign exchange market
Renminbi
Foreign exchange rates
Hard currencies
Acceso en línea:Ver este registro en EBSCOhost