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maintained foreign exchange reserves. Ten years after the euro was launched, the US dollar’ share in foreign exchange reserves …
Persistent link: https://www.econbiz.de/10008514765
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die jüngste Aufwertung des Euro gegenüber dem US-Dollar hat deutlich vor Augen geführt, wie negativ sich unerwartete …
Persistent link: https://www.econbiz.de/10005055662
. The progressive relation between the two major currencies, i.e. the U.S. dollar and the Euro, is to be considered as a …
Persistent link: https://www.econbiz.de/10005154549
moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …
Persistent link: https://www.econbiz.de/10005816257
their volatility on trade flows in China, the Euro area and the United States in two broadly defined sectors, agriculture on …
Persistent link: https://www.econbiz.de/10010899210
RMB and the euro is not fixed, due to that the exchange rate between the euro and the US dollar is not fixed. Since RMB is … US dollar and the euro, forcing the exchange rate between the US dollar and the euro to depart from a “fair” market … to the US dollar, the euro would tend to be overvalued relative to the US dollar too, and vice versa. This in turn leads …
Persistent link: https://www.econbiz.de/10008492110
analysis. Findings– First, it has been found that the movements in the RMB dollar exchange rate do influence the dollar euro … implied that the RMB is overvalued vis-à-vis the US dollar, as the analysis suggests that an overvalued euro vis-à-vis the US … dollar would imply a kind of overvaluation of the RMB vis-à-vis the US dollar, and by any conventional measures the euro has …
Persistent link: https://www.econbiz.de/10010741347
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Recent empirical studies show that the Chinese currency renminbi is either becoming or has become a dominant reference currency in Asia. However, the high correlation between the US dollar and renminbi movements hampers the identification of their individual effects on the Asian currencies. In...
Persistent link: https://www.econbiz.de/10011163292