China’s Evolving Exchange Rate Regime

Released on by Mr.Sonali Das
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  • China’s Evolving Exchange Rate Regime Book Detail

  • Author : Mr.Sonali Das
  • Release Date : 2019-03-07
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 31
  • ISBN 13 : 1498302033
  • File Size : 21,21 MB
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China’s Evolving Exchange Rate Regime by Mr.Sonali Das PDF Summary

Book Description: China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over time but is still carefully managed, and depth and liquidity in the onshore FX market is relatively low compared to other countries with de jure floating currencies. Allowing a greater role for market forces within the existing regime, and greater two-way flexibility of the exchange rate, are important steps to build on the progress already made. This should be complemented by further steps to develop the FX market, improve FX risk management, and modernize the monetary policy framework.

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China’s Evolving Exchange Rate Regime

China’s Evolving Exchange Rate Regime

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China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over t

China's Exchange Rate Regime

China's Exchange Rate Regime

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The imbalance between China’s currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform

China’s Evolving Exchange Rate Regime

China’s Evolving Exchange Rate Regime

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Total View : 9384 Views
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China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over t