The Analysis of Exchange Rate Fluctuations in China's Economic Fluctuations
DOI:
https://doi.org/10.54097/nx4t5b43Keywords:
Exchange rate fluctuations, Economic fluctuations, GDP, Money supplyAbstract
This study focuses on the influenced factors of exchange rate fluctuations in China's economic fluctuations. Currently, the impact factors of exchange rate fluctuations within the economic system is becoming increasingly significant. The aim of this paper is to explore the factors influencing exchange rate fluctuations in the process of China's economic fluctuations, and to solve the specific impact mechanism and degree of China's economic fluctuations on exchange rate fluctuations. By constructing a dynamic model and combining macroeconomic data for empirical analysis, quantitative methods are used to investigate the degree of influence of China's economic development on exchange rate fluctuations, as well as the changing trends under different economic cycles. This study uses econometric methods, combined with time series analysis and regression analysis techniques, to conduct in-depth research on the impact of exchange rate fluctuations in China's economic fluctuations. At the same time, relevant theoretical models are used to explain and verify the research results, ensuring the scientific and reliable nature of the research methods. The results of the study show that the impact of exchange rate fluctuations in China's economic fluctuations cannot be ignored, and macroeconomic factors such as economic growth, export trade, and international competitiveness have a significant impact on exchange rate fluctuations in China. The study provides important reference for further improving China's economic policies, and provides a new theoretical perspective and empirical support for related fields of research.
Downloads
References
[1] Miao Qi. Where are the Opportunities for the Internationalization of the RMB in the Context of Exchange Rate Fluctuations and the Restructuring of the Global Industrial Chain? [N]. The First Financial Daily, 2023-08-23(A06).
[2] Fu Nan, Zhao Hongrui, Zhao Ningning. A Study on the Impact of Exchange Rate Fluctuations on China's Service Trade [J]. Special Zone Economy, 2023, (07):26-29.
[3] Lu Yan, Li Shuang. Currency Substitution, Inflation and RMB Exchange Rate Fluctuations—A Study on the Feasibility of Free Convertibility of the RMB [J]. Shanghai Economic Research, 2022, (07):103-116.
[4] Dong Guangyuan. A Study on the Issue of International Capital Flows and RMB Exchange Rate Fluctuations [D]. University of International Business and Economics, 2022. DOI:10.27015/d.cnki.gdwju.2022.000602.
[5] Chen Lin, Yuan Zhigang, Zhu Yifan. How Does RMB Exchange Rate Fluctuation Affect the Outward Foreign Direct Investment of Chinese Firms? [J]. Journal of Finance, 2020, (03):21-38.
[6] He Jinqi, Zhang Rui. A Study on the Interactive Relationship between RMB Internationalization, Exchange Rate Fluctuations and Monetary Policy [J]. Auditing and Economic Research, 2016, 31(03):120-129.
[7] Zhong Yi. Exchange Rate Fluctuations, Financial Stability and Monetary Policy [D]. Zhejiang University, 2014.
[8] Liu Yaocheng, Zhou Jizhong, Xu Xiaoping. The Dynamic Impact of RMB Exchange Rate Changes on China's Trade Balance [J]. Economic Research Journal, 2010, 45(05):32-40.
[9] Chen Langnan, He Xiu hong, Chen Yun. A Study on the Price Transmission Effect of RMB Exchange Rate Fluctuations [J]. International Finance Research, 2008, (06):55-62.
[10] Wang Yan. The Impact of RMB Exchange Rate Fluctuations on China's Export Trade [D]. Shandong University, 2007.
[11] Lu Wanying, Chen Jianliang. An Empirical Study on the Impact of RMB Exchange Rate Changes on China's Economic Growth [J]. Journal of Finance, 2007, (02):26-36.
[12] Luo Zhongzhou. A Study on the Economic Effects of Exchange Rate Fluctuations [D]. East China Normal University, 2005.
[13] Chen Ping, Xiong Xin. An Empirical Analysis of the Impact of Importing Country's Exchange Rate Fluctuations on China's Exports [J]. International Finance Research, 2002, (06):5-9.
[14] Li Peiyu, Yu Ming. Foreign Exchange Reserves, Exchange Rate Fluctuations and Monetary Policy Operations—A Case Study of Taiwan [J]. Journal of Finance, 2004, (02): 79-86.
[15] Chen Ping, Xiong Xin. An Empirical Analysis of the Impact of Importing Country's Exchange Rate Fluctuations on China's Exports [J]. International Finance Research, 2002, (06): 5-9.
[16] Qiang Yongchang. The Mechanism of the Impact of Exchange Rate Changes on Export Trade [J]. World Economy, 1999, (04): 40-43+68.
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.







