Analysis of Influencing Factors on the Fluctuation of RMB-Dollar Exchange Rate in 2022
-- Based on Micro Perspective
DOI:
https://doi.org/10.54097/fbem.v11i1.11601Keywords:
Renminbi exchange rate, Influencing factors, Micro perspective.Abstract
This paper explores the influencing factors of the fluctuation of the exchange rate of RMB against the US dollar in 2022. By summarizing the past research results of scholars, trying to use empirical models from the micro perspective, and analyzing the actual situation in connection with the four phases of RMB-dollar exchange rate fluctuations in 2022, the final study concludes that the fluctuations of the RMB-dollar exchange rate in 2022 are related to the events such as high-frequency interest rate hike of the Federal Reserve, the new Crown Pneumonia outbreak, and the conflict between Russia and Ukraine.
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