Title: Empirical Analysis of Nominal Effective Exchange Rate of RMB on China's Consumer Price Index
Abstract: Based on the previous studies by other scholars and by adopting the relevant data stored from August 2005 to November 2011,this paper made an empirical research on the nominal effective exchange rate of RMB and China's consumer price index in order to seek the correlations between the two variables.The result showed that since the RMB exchange rate of our country formed into a mechanism market economy,the fluctuations of RMB nominal effective exchange rate exercised a striking influence on the consumer price index.The paper also put forward some relevant proposals in regard to current exchange rate and macroeconomic background.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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