RMB currency risk management after China's '8.11' exchange rate reform. Issue 9 (21st May 2021)
- Record Type:
- Journal Article
- Title:
- RMB currency risk management after China's '8.11' exchange rate reform. Issue 9 (21st May 2021)
- Main Title:
- RMB currency risk management after China's '8.11' exchange rate reform
- Authors:
- Peng, Yuliu
Kang, Wenru - Abstract:
- ABSTRACT: After '8.11' RMB exchange rate reform in 2015 in China, RMB experienced two phases of irrational and pro-cyclical depreciation. The currency risk management of China's central bank shifted from quantitative management to price management step by step. The article analyzes the efficiency of China's central bank' management, and finds that the management improved the imbalance between supply and demand and reduced irrational and procyclical expectation on RMB exchange rate.
- Is Part Of:
- Applied economics letters. Volume 28:Issue 9(2021)
- Journal:
- Applied economics letters
- Issue:
- Volume 28:Issue 9(2021)
- Issue Display:
- Volume 28, Issue 9 (2021)
- Year:
- 2021
- Volume:
- 28
- Issue:
- 9
- Issue Sort Value:
- 2021-0028-0009-0000
- Page Start:
- 727
- Page End:
- 730
- Publication Date:
- 2021-05-21
- Subjects:
- RMB currency risk -- quantitative management -- price management -- imbalance -- expectation
F31
Economics -- Periodicals
Economics, Mathematical -- Periodicals
330 - Journal URLs:
- http://www.tandfonline.com/toc/rael20/current ↗
http://www.tandfonline.com/ ↗ - DOI:
- 10.1080/13504851.2020.1772956 ↗
- Languages:
- English
- ISSNs:
- 1350-4851
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1571.972000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 16341.xml