A study of the factors determining the choice of exchange rate regime: with specific reference to China.
Since the 1980s China had different exchange rate regimes. For example, in 1981, a dual-exchange rate system was introduced, with the official exchange rate applying to non-trade-related foreign exchange transactions and the depreciated internal settlement rate (ISR) applying to trade related transactions. This system was discontinued in 1985, but after the establishment of special economic zones to boost the country’
School Location:South Africa
Source Type:Master's Thesis
Keywords:exchange rates china economy
Date of Publication:01/01/2007