The exchange rate system reform in China: Some important results
We provide a review and empirical study on the exchange rate system reform in China. In the initial stage of the reform the Chinese central bank PBoC's implicit promise of gradual appreciation helped to contain the appreciation rate and volatility of the renminbi. Subsequently, under US pressur...
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Main Authors: | YIP, Paul S. L., TSE, Yiu Kuen, DONG, Yingjie |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2022
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2679 https://ink.library.smu.edu.sg/context/soe_research/article/3678/viewcontent/yip_et_al_2022_the_exchange_rate_system_reform_in_china_some_important_results.pdf |
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Institution: | Singapore Management University |
Language: | English |
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