Exchange Rate Risk Estimates of the Foreign Contracted Projects Based on the Model of VaR

China implements a floating exchange rate system after reforming the exchange rate mechanism in 2005. So far, nearly eight years, the RMB against the U.S. dollar increased from 8.2:1 to 6.1:1. Exchange rate risk of China's foreign contracted engineering industry has become a serious problem in...

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Bibliographische Detailangaben

Hauptverfasser:	Zhao, Li Zhu, Bai, Rui Qiang, Shao, Yu Peng
Format:	Tagungsbericht
Sprache:	eng
Online-Zugang:	Volltext
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