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...

Full description

Bibliographic Details
Main Authors: Shah, Ajay, Zeileis, Achim, Patnaik, Ila
Format: Others
Language:en
Published: Department of Statistics and Mathematics, WU Vienna University of Economics and Business 2005
Subjects:
Online Access:http://epub.wu.ac.at/1000/1/document.pdf