Frankel and Wei (2007) for the RMB of China, using daily data from February 2005 to July 2011. We estimate jointly the … is hard to explain by trade importance to or trade competition with China. We examine currency baskets of these East …

China’s exchange rate reform, initiated in 2005, had the goal of switching from a fixed U.S. dollar (USD) peg to a … floating mechanism with reference to a trade-weighted currency basket. Over a decade of gradual transition, the renminbi (RMB …, which has important implications for China and the global economy …

Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying …

will inevitably lead to a diminishing international role for the USD. -- China ; renminbi ; yuan ; basket peg ; foreign …On 19 June 2010 the Chinese authorities announced that the renminbi (RMB) was henceforth to be pegged to a currency … Seoul Summit on 11-12 November 2010, China committed to further reform the RMB exchange rate regime. We discuss here what a …

On August 11 2015, China revamped its procedure of setting the official central parity of the renminbi (RMB) against … the US dollar. Our empirical investigation shows that the intertemporal dynamics of China's central parity are not the … for the RMB exchange rate against the currency basket revealed by China in December 2015 in the fixing process. …