Thought on the Choice of the RMB Exchange Rate System
Zhu Chang-ming
Abstract
Zhu Chang-ming
Abstract
With the development of socialism market economy and the change of internal and international situation, fixed exchange rate system become inappropriate, so the innovation is inevitable. This paper review the evolution of the RMB exchange rate system and put forward some suggestion on how to perfect it.
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With the development of socialism market economy and the change of internal and international situation, fixed exchange rate system become inappropriate, so the innovation is inevitable. This paper review the evolution of the RMB exchange rate system and put forward some suggestion on how to perfect it.
Key concepts: Renminbi, Exchange rate, Economics, Socialism, Exchange-rate regime, Monetary economics, Economic system, International economics