Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.chieco.2004.06.004
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dc.titleChina's capability to control its exchange rate
dc.contributor.authorLu, D.
dc.date.accessioned2011-02-23T07:57:13Z
dc.date.available2011-02-23T07:57:13Z
dc.date.issued2004
dc.identifier.citationLu, D. (2004). China's capability to control its exchange rate. China Economic Review 15 (3) : 343-347. ScholarBank@NUS Repository. https://doi.org/10.1016/j.chieco.2004.06.004
dc.identifier.issn1043951X
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/19913
dc.description.abstractThis paper discusses the Chinese monetary authority's capability to control the exchange rate of the Renminbi (RMB) by reviewing the key features of China's currency exchange regime. It highlights the fact that this regime not only allows the monetary authority to affect the range of exchange rate fluctuation through open market operations, but also enables it to directly influence the crucial elements of demand and supply in the foreign exchange market. In this light, we examine the recent measures taken by the authority to ease appreciation pressures on the RMB since the mid-2003.©2004 Elsevier Inc. All rights reserved.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1016/j.chieco.2004.06.004
dc.sourceScopus
dc.subjectChina
dc.subjectExchange rate
dc.subjectRenminbi (RMB)
dc.typeReview
dc.contributor.departmentECONOMICS
dc.description.doi10.1016/j.chieco.2004.06.004
dc.description.sourcetitleChina Economic Review
dc.description.volume15
dc.description.issue3
dc.description.page343-347
dc.identifier.isiut000223680500010
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