Search results for " Japanese yen"

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

2013

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.