Abstract
During past decade, Chinese monetary policy has been to maintain stability of exchange rate CNY/USD by creating parity between the two currencies. This policy, against market equilibrium, impacts the exchange rate in having low Yuan currency, and keeping attractiveness of Chinese industries. Using macroeconomic and statistic approach, the impact of such policy onto CNY/USD exchange rate is quantitatively determined. We also point out, in this paper, the influence of the EUR/USD exchange rate over the CNY/USD.
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Henry, R., Andriamboavonjy, H., Paulin, JB., Drahy, S., Gourichon, R. (2015). Macroeconomic Reevaluation of CNY/USD Exchange Rate: Quantitative Impact of EUR/USD Exchange Rate. In: Le Thi, H., Pham Dinh, T., Nguyen, N. (eds) Modelling, Computation and Optimization in Information Systems and Management Sciences. Advances in Intelligent Systems and Computing, vol 360. Springer, Cham. https://doi.org/10.1007/978-3-319-18167-7_32
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DOI: https://doi.org/10.1007/978-3-319-18167-7_32
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-18166-0
Online ISBN: 978-3-319-18167-7
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