Heimonen, Kari; Rönkkö, Risto - 2024
exchange rate policy for the currencies of 63 advanced and emerging economy currencies, we account for potential drivers of the … exchange rate omitted in previous studies to obtain unbiased anchor weight estimates. Unlike earlier studies, we find that the … RMB's anchor weight in exchange rate policies remains low irrespective of China's global role. Overall, the weight of the …