What is the New Chinese Currency Regime?
The revaluation of the yuan in July 2005 was described by the Chinese central bank as a change in the currency regime, rather than merely a changed level of the exchange rate. The reform was said to involve a shift away from the fixed exchange rate, a gradual movement towards greater flexibility, an...
Main Authors: | , , |
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Format: | Others |
Language: | en |
Published: |
Department of Statistics and Mathematics, WU Vienna University of Economics and Business
2005
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Subjects: | |
Online Access: | http://epub.wu.ac.at/1000/1/document.pdf |