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analysed and the study will find that, post-revaluation, the dollar depreciates, the Yen moves in line with the Renminbi and … nations have been largely disappointed by the relatively small revaluation of 2%, it will be argued that moving away from the … the Renminbi and the effects of the change in policy. To enable the reader to understand the degree of misalignment of the …
Persistent link: https://www.econbiz.de/10005057180
China’s concern about its U.S. Dollar reserves is being amplified by the low returns of some of China’ investments in … the U.S. which leads to a broader concern about how the current reserve system basically entails China lending to the U … initiatives put forward over the past year by China and others to begin a serious discussion of reforming the international …
Persistent link: https://www.econbiz.de/10008497750
, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar, and this one … policies. Although seemingly narrowly focused on China, our contribution to Alexander's fete straddles both themes. Since 2004 … resulting monetary explosion in China contributes to the worldwide increase in primary commodity prices - with excess liquidity …
Persistent link: https://www.econbiz.de/10003818402
This paper examines how an appreciation of the currency of the People's Republic of China (PRC) - renminbi - affects …/93-2008/09. It constructs two exchange rates for renminbi: one is a bilateral real exchange rate and the other is a real effective … exchange rate against East Asian component suppliers. It is found that appreciation of the renminbi would somewhat offset a …
Persistent link: https://www.econbiz.de/10009381669
This paper examines how an appreciation of the currency of the People's Republic of China (PRC) - renminbi - affects …/93–2008/09. It constructs two exchange rates for renminbi: one is a bilateral real exchange rate and the other is a real effective … exchange rate against East Asian component suppliers. It is found that appreciation of the renminbi would somewhat offset a …
Persistent link: https://www.econbiz.de/10013117938
The bilateral real exchange rate between Chinese renminbi (RMB) and the US dollar is studied. The panel data Penn … appreciation path satisfies the interests of both China and the US …
Persistent link: https://www.econbiz.de/10013101322
While the issue of RMB (Renminbi, Chinese Yuan) revaluation became the focus of world attention in 2003, the reform of … exceeding demand in China's foreign exchange market; however, intrinsically it is due to the asymmetry in RMB exchange rate …
Persistent link: https://www.econbiz.de/10013007250
Since 2004, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar ….S. dollar, the resulting monetary explosion in China contributes to the worldwide increase in primary commodity prices - with …
Persistent link: https://www.econbiz.de/10013316479
The Chinese government has been hesitant to revalue the yuan out of concern over the negative impact revaluation would … and regain autonomy in its monetary policy, China needs to move toward a free floating exchange rate system by refraining …
Persistent link: https://www.econbiz.de/10014055361
been no depreciation of the yuan in recent years to generate increases in China's exports and the total of China's and Hong … Kong's exports to the U.S. has remained virtually constant. Nor does the U.S./China bilateral trade deficit, itself, reveal … an undervalued yuan. China's exports to the U.S. are due to U.S. economic growth and, until recently, the effects of the …
Persistent link: https://www.econbiz.de/10014072381