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2005•Journal of Hebei University of Economics and TradeRequires access

RMB's Exchange Rate: Analysis of the Effect and Policy Orientation after the Appreciation

Song Ying-n

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Abstract

The issue of RMB's exchange rate the benign economic operation in China, the neighboring countries and even the world. The appreciation of RMB will have some effects on various aspects of China's economy and even world economy. We shall enhance the adjustment capability of domestic enterprises, further open the market and rationally analyze foreign exchange reserve so that RMB's exchange rate can maintain stability in the short term.

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The issue of RMB's exchange rate the benign economic operation in China, the neighboring countries and even the world. The appreciation of RMB will have some effects on various aspects of China's economy and even world economy. We shall enhance the adjustment capability of domestic enterprises, further open the market and rationally analyze foreign exchange reserve so that RMB's exchange rate can maintain stability in the short term.

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Available abstract

The issue of RMB's exchange rate the benign economic operation in China, the neighboring countries and even the world. The appreciation of RMB will have some effects on various aspects of China's economy and even world economy. We shall enhance the adjustment capability of domestic enterprises, further open the market and rationally analyze foreign exchange reserve so that RMB's exchange rate can maintain stability in the short term.

Key concepts: Renminbi, Exchange rate, China, Economics, Chinese economy, International economics, Foreign exchange, Monetary economics

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