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Tekijä: | He, Zerong Xu, Yan |
Otsikko: | On the reform of the exchange rate of Renminbi (RMB) in China(original in Chinese) |
Lehti: | Economist (c)
1992 : MAR/APR, 2, p.92-96 |
Asiasana: | |
Vapaa asiasana: | EXCHANGE RATES, EXCHANGE CONTROL, CHINA |
Kieli: | chi |
Tiivistelmä: | The basic direction for the reform of the exchange rate of RMBin China is to change the situation of the high evaluation of RMB for a long time. The reform of the exchange rate of RMB has gone through the two stages of decrease by a big margin and irregular slight decrease since the reform. The ultimate goal of the reform is to implement the floating exchange rate system with management. |
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