The Impact Of Trade And Economic Relations Between The Usa, Russia And China On National Currency Adjustment Policy In These Countries
Journal: Business Education in the Knowledge Economy (Vol.2, No. 2)Publication Date: 2016-06-01
Authors : Skripka Ekaterina;
Page : 95-99
Keywords : the regulation of the national currency; foreign exchange intervention; floating and fixed exchange rates; reserve currencies;
Abstract
This article presents a comparative analysis of the monetary policy of the United States, Russia and China, as well as political, economic and other factors affecting the regulation of national currencies in the above states. The article provides a historical overview of national currency regulation in each country; analysis of trade and economic relations between the US, Russia and China; possible scenario of the economic situation in the world in case of emergence of the new reserve currency — Chinese yuan.
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