Economics, Econometrics and Finance
8 years ago

RMB Exchange Rate Expected to Remain Stable in Coming Years.

Hainan Finance
An Analysis on RMB Exchange Rate:2005-2008
Liu Hui-hao

Paper Summary

The analysis on RMB Exchange Rate from 2005 to 2008 shows that it is mainly used to implement monetary policy and is becoming more flexible. The exchange rate is expected to remain stable in the next one or two years.

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