6533b82cfe1ef96bd12905d8

RESEARCH PRODUCT

THE US DOLLAR, THE EURO, THE JAPANESE YEN AND THE CHINESE YUAN IN THE FOREIGN EXCHANGE MARKET – A COMPARATIVE ANALYSIS

Orastean Ramona

subject

foreign exchange market US dollar euro Japanese yen Chinese yuan

description

This paper exposes an evaluation of the bilateral exchange rate developments of the US dollar against the euro, the Japanese yen and the Chinese yuan/renminbi and surveys the nominal and real effective exchange rates trends of such currencies over the period 1994-2012. It also briefly reviews the currency composition of the foreign exchange market turnover, pointing out several important features of the evolution of this market after the introduction of the euro.

http://eccsf.ulbsibiu.ro/RePEc/blg/journl/8211orastean.pdf