 | Establishing a Foreign Exchange Futures Market in China Author/Editor: Zhongxia Jin, Yue Zhao, Haobin Wang. Release Date:November, 2021 During China's transition toward a more flexible exchange rate, it is essential to further develop its foreign exchange (FX) derivatives markets to meet the growing hedging needs associated with more...
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| Macroeconomic Impact of Foreign Exchange Intervention: Some Cross-country Empirical Findings Author/Editor: Zhongxia Jin, Haobin Wang, Yue Zhao. Release Date:April, 2021 Based on VAR analyses across 26 countries, we show that, although foreign exchange intervention (FXI) is effective in stabilizing the nominal exchange rate in the short run, its impacts on the real more...
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