What is the New Chinese Currency Regime?

Research English OPEN
Shah, Ajay; Zeileis, Achim; Patnaik, Ila;
  • Publisher: Department of Statistics and Mathematics, WU Vienna University of Economics and Business
  • Subject: exchange rates / currency regime / structural change / monitoring

The revaluation of the yuan in July 2005 was described by the Chinese central bank as a change in the currency regime, rather than merely a changed level of the exchange rate. The reform was said to involve a shift away from the fixed exchange rate, a gradual movement t... View more
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