The Relationship Between Exchange Rate and Crude Oil Price in Chinese Market

Yueqi Ding ()
Additional contact information
Yueqi Ding: Dongbei University Finance and Economics, School of Business Administration

A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 1204-1208 from Springer

Abstract: Abstract In this paper the focus is on the use of correlation to find the relationship between exchange rates and crude oil prices in the Chinese market. And in finding a negative correlation between the two the data relating to the Euro was also collected for comparison. Ultimately, however, it was found that the impact of the exchange rate on the price of oil was more pronounced in the Chinese market. In this study, an attempt is made to explain some of the reasons for this. It also provides some suggestions to the Chinese government and Chinese investors.

Keywords: Exchange Rate; Crude Oil Price; Chinese Market (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-036-7_178

Ordering information: This item can be ordered from
http://www.springer.com/9789464630367

DOI: 10.2991/978-94-6463-036-7_178

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().