A basket of currencies: The formation mechanism, impact, and outlook of the RMB exchange rate

Author: Han Fuling
Publisher:
Publish Date: 2005-08-01
Features: How to understand the changes in the RMB exchange rate system? What impact will the RMB exchange rate reform have on China's economic development and social life? This book gathers the wisdom of experts, provides an in-depth analysis of the background behind the introduction of the RMB exchange rate reform plan, and explains the operating principles of the basket currency exchange rate formation mechanism, aiming to reveal the true nature of the basket currency. It also analyzes and forecasts various aspects of China's social and economic operations, people's lives, and more after the RMB exchange rate reform.