Applicability analysis of two exchange rate determination Theories in China
As an important price reference standard in the field of international trade and international finance,exchange rate plays an extremely important role in global economic and trade stability and financial development.In the course of teaching International Finance,the paper raises questions about the relationship between exchange rates,prices and interest rates presented by the relative purchasing power parity theory of exchange rate determination and the covered interest rate parity theory.In order to answer this question,based on the current macroeconomic data in China,this paper uses the time series analysis research method to verify the applicability of the two exchange rate determination theories in China,and puts forward corresponding research thoughts accordingly.
万方数据
维普
