What Drives Growing Currency Co-movements with the Renminbi?

China’s increasing trade volume and continuous integration with global financial markets have strengthened the influences of the renminbi on the exchange rates of different currencies. Previous studies find closer co-movements between the renminbi and other currencies. This paper is novel to investi...

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Bibliographic Details
Main Authors: Bokyeong Park, Jiyoun An
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2020-03-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.EAER.2020.24.1.371