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| Author: | Guo, Qin |
| Title: | An analysis of causes of valuations of RMB amid stability in 1994 (original in Chinese) |
| Journal: | Banks and Companies (c)
1995 : 3, p.30 |
| Index terms: | EXCHANGE RATES MONEY CHINA |
| Language: | chi |
| Abstract: | The devaluation of RMB at home and valuation overseas are due to the restriction of shortage of RMB funds, the impact of situations of foreign trade, of the increasingly high rate of fulfillment of foreign funds, of the new transaction mechanism of foreign exchange markets, and of the inventory drop and different rates of interest of international foreign exchange markets. The exchange rate of RMB is highly likely to values amid stability. |
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