Renminbi Exchange Rate Forecasting

This book examines how to forecast exchange rate reliably, analyzing the dynamic relationship between exchange rate and the exchange rate data decomposition and integration, the domestic economic situation, the international economic situation, and the public's expectations. It explains why this comprehensive integrated approach is the best model for optimizing accuracy in exchange rate forecasting.

Format: Hardback
Length: 146 pages
Publication date: 10 May 2021
Publisher: Taylor & Francis Ltd

The Renminbi (RMB) has experienced significant volatility due to the internationalization of the currency, the gradual liberalization of China's capital account, and the recent reform of the RMB pricing mechanism. In response to this volatility, this book aims to provide a comprehensive and reliable approach to forecasting exchange rates.

The book begins by examining the current state of exchange rate forecasting and identifying the challenges that exist in predicting future exchange rates accurately. It then introduces a new methodology for exchange rate forecasting that combines multiple factors, including economic indicators, political events, and market sentiment.

The book also analyzes the dynamic relationship between exchange rate and the exchange rate data decomposition and integration, the domestic economic situation, the international economic situation, and the publics expectations and how these interactions would affect the exchange rate. By taking a comprehensive and integrated approach, the book aims to optimize accuracy in exchange rate forecasting.

Furthermore, the book explains why this comprehensive integrated approach is the best model for optimizing accuracy in exchange rate forecasting. It highlights the importance of considering a wide range of factors and integrating them into a single forecasting model to obtain a more accurate representation of the exchange rate.

Overall, this book provides valuable insights into the challenges and opportunities of exchange rate forecasting and offers a practical approach to improving the accuracy of predictions. It is a must-read for anyone interested in the field of finance and economics.

Weight: 386g
Dimension: 162 x 242 x 17 (mm)
ISBN-13: 9780367686062