The “real” exchange rate regime in China since 2015′s exchange rate reform
Moving away from a fixed exchange rate in 2005, China has gradually enlarged the band of fluctuations of Renminbi (RMB) and implemented various reforms on its central parity to have a more flexible exchange rate regime. This paper studies the nature of the exchange rate regime in China since the exc...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-07-01
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| Series: | Asia and the Global Economy |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2667111523000117 |