Oral Intervention in China: Efficacy of Chinese Exchange Rate Communications
(2016)
Journal Article
Zhang, Z., Li, H., & Zhang, C. (2016). Oral Intervention in China: Efficacy of Chinese Exchange Rate Communications. International Review of Financial Analysis, 49, 24-34. https://doi.org/10.1016/j.irfa.2016.11.006
This paper analyses China's oral intervention and the efficacy of exchange rate communications by the Chinese monetary authorities. Applying the event study approach, we find that exchange rate communication could help the authorities to impact the C... Read More about Oral Intervention in China: Efficacy of Chinese Exchange Rate Communications.