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Macroeconomic Reevaluation of CNY/USD Exchange Rate: Quantitative Impact of EUR/USD Exchange Rate

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Modelling, Computation and Optimization in Information Systems and Management Sciences

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 360))

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Abstract

During past decade, Chinese monetary policy has been to maintain stability of exchange rate CNY/USD by creating parity between the two currencies. This policy, against market equilibrium, impacts the exchange rate in having low Yuan currency, and keeping attractiveness of Chinese industries. Using macroeconomic and statistic approach, the impact of such policy onto CNY/USD exchange rate is quantitatively determined. We also point out, in this paper, the influence of the EUR/USD exchange rate over the CNY/USD.

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Author information

Authors and Affiliations

  1. ECE Paris School of Engineering, Paris, France

    Raphael Henry, Holy Andriamboavonjy, Jean-Baptiste Paulin, Sacha Drahy & Robin Gourichon

Authors
  1. Raphael Henry
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  2. Holy Andriamboavonjy
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  3. Jean-Baptiste Paulin
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  4. Sacha Drahy
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  5. Robin Gourichon
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Corresponding author

Correspondence to Raphael Henry .

Editor information

Editors and Affiliations

  1. Laboratory of Theoretical and Applied Computer Science, University of Lorraine, Metz, France

    Hoai An Le Thi

  2. Laboratory of Mathematics, National Institute for Applied Sciences, Rouen, France

    Tao Pham Dinh

  3. Division of Knowledge Management Systems, Wroclaw University of Technology, Poland

    Ngoc Thanh Nguyen

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Henry, R., Andriamboavonjy, H., Paulin, JB., Drahy, S., Gourichon, R. (2015). Macroeconomic Reevaluation of CNY/USD Exchange Rate: Quantitative Impact of EUR/USD Exchange Rate. In: Le Thi, H., Pham Dinh, T., Nguyen, N. (eds) Modelling, Computation and Optimization in Information Systems and Management Sciences. Advances in Intelligent Systems and Computing, vol 360. Springer, Cham. https://doi.org/10.1007/978-3-319-18167-7_32

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  • DOI: https://doi.org/10.1007/978-3-319-18167-7_32

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-18166-0

  • Online ISBN: 978-3-319-18167-7

  • eBook Packages: EngineeringEngineering (R0)

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