Influence Factors and Trend of RMB Exchange Rate
YU Wei-feng
Abstract
YU Wei-feng
Abstract
Exchange rate is more and more important for a country's economy,especially under the open economy today.So,it is of significant importance to analyze and anticipate the exchange rate in a right way.According to the research of historical movement and influence factors of china's foreign exchange rate,this paper concludes that the RMB exchange rate will rise gradually.
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Exchange rate is more and more important for a country's economy,especially under the open economy today.So,it is of significant importance to analyze and anticipate the exchange rate in a right way.According to the research of historical movement and influence factors of china's foreign exchange rate,this paper concludes that the RMB exchange rate will rise gradually.
Key concepts: Renminbi, Exchange rate, China, Economics, Foreign exchange, Open economy, Monetary economics, International economics