Series: IMF Working Papers
Author(s): Sonali Das
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 March 2019
Keywords: Exchange markets, Real effective exchange rates, Central banks, Exchange rate policy, Nominal effective exchange rate, reminbi, exchange rate, foreign exchange market, liquidity, RMB
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 liquid...