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

Ramona Orastean
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Ramona Orastean: Lucian Blaga University of Sibiu, Romania

Studies in Business and Economics, 2013, vol. 8, issue 2, 102-107

Abstract: 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.

Keywords: foreign exchange market; US dollar; euro; Japanese yen; Chinese yuan (search for similar items in EconPapers)
Date: 2013
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