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2007•Journal of Shandong Administration Institute Shandong Economic Management Personnel InstituteRequires access

Analysis of the Future Moving Trend of RMB Exchange Rate

Pan Cai

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Abstract

After appreciation of RMB in last year, many people have been focusing their attention upon whether RMB exchange rates appreciate again and the range. In this paper, according to the analysis of influential factors of RMB exchange rate, an opinion upon the coming trend of RMB exchange rate is given. The result indicates that as far as either nominal exchange rate or real exchange rate concerned, RMB exchange rate vhas appreciated potential yet.

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What this paper is about

After appreciation of RMB in last year, many people have been focusing their attention upon whether RMB exchange rates appreciate again and the range. In this paper, according to the analysis of influential factors of RMB exchange rate, an opinion upon the coming trend of RMB exchange rate is given. The result indicates that as far as either nominal exchange rate or real exchange rate concerned, RMB exchange rate vhas appreciated potential yet.

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Available abstract

After appreciation of RMB in last year, many people have been focusing their attention upon whether RMB exchange rates appreciate again and the range. In this paper, according to the analysis of influential factors of RMB exchange rate, an opinion upon the coming trend of RMB exchange rate is given. The result indicates that as far as either nominal exchange rate or real exchange rate concerned, RMB exchange rate vhas appreciated potential yet.

Key concepts: Renminbi, Exchange rate, Monetary economics, Economics

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