Implications of RMB Depreciation  

作　　者：Lan Xinzhen 

出　　处：《Beijing Review》2016年第43期48-48,共1页北京周报（英文版）

摘　　要：As the exchange rate quotation showed on October 18, the central parity rate of the yuan against the ,U.S. dollar stood at 6.7303, a six-year low, and implied a depreciation of 10 percent over the past one year or so, considering the parity rate of 6.1162 on August 10, 2015.As the exchange rate quotation showed on October18,the central parity rate of the yuan against the U.S.dollar stood at 6.7303,a six-year low,and implied a depreciation of 10 percent over the past one year or so,considering the parity rate of 6.1162 on August 10,2015.On October 1,the Chinese currency formally joined the International Monetary Fund’s special drawing

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分 类 号：F832.6[经济管理—金融学]