An analysis on the relationship between RMB interest rate and exchange rate based on BEER model  

作　　者：DU Chao-yun DENG Chang-qiong 

机构地区：[1]Department of Finance, Xiamen University, Xiamen 361005, China

出　　处：《China-USA Business Review》2009年第1期12-17,22,共7页美中经济评论（英文版）

摘　　要：The internal money market and international money market will mix together when the finance market is open. Researching on the relationship between interest rate and RMB exchange rate is so meaningful. Based on the reality of market-based reform in our country, the paper employs the BEER model to analyze the interest rate＇s influence to the RMB equilibrium exchange rate, and inspects the realistic performance of the interest rate and exchange rate mechanism. Then it seeks some effective measures to promote the interactive development of the interest rate and exchange rate markets.

关 键 词：interest rate RMB equilibrium exchange rate BEER model market-based reform 

分 类 号：F832.1[经济管理—金融学] F832.63