The spillover effects among offshore and onshore RMB exchange rate markets, RMB Hibor market
We investigate the return and volatility spillover effects among the onshore and offshore RMB foreign exchange markets, offshore RMB money market before and after the foreign exchange rate reform on August 11, 2015. We found that “8.11” exchange reform significantly affects the interactions in CNY,...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
AIMS Press
2020-06-01
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| Series: | Quantitative Finance and Economics |
| Subjects: | |
| Online Access: | https://www.aimspress.com/article/10.3934/QFE.2020014/fulltext.html |