Economics, Econometrics and Finance
8 years ago

RMB exchange rate fluctuations impact China's prices, shaping monetary policy.

Journal of Tonghua Normal University
Empirical Study on RMB Exchange Fluctuations Impact on Price Level in China from Perspective of Exchange Rate Pass-through
Liu Zhi-hu

Paper Summary

The article examines how changes in the Chinese currency's exchange rate affect prices in the country. By studying how these changes impact import prices, producer prices, and consumer prices, the researchers aim to understand how the exchange rate influences the overall price level in China.

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