The Affection of RMB Exchange Rate Fluctuation on National Economic Security
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DOI: 10.23977/icemgd.2019.020
Author(s)
Yin Xiao and Gao Yushu
Corresponding Author
Yin Xiao
ABSTRACT
This paper employs Vector Auto Regressive method and Principal Components Analysis method to measure the affection of RMB exchange rate fluctuation on national economic security. To estimate national economic security precisely and scientifically, we design an indicator system with 33 indicators from 4 main level of national economic security. The result shows that the RMB exchange rate fluctuation transfer effect on financial security and industry market security is remarkable. At the same time, the fluctuation rate can also have direct and indirect influences on macroeconomic security and human resource security of different aspects.
KEYWORDS
RMB exchange rate fluctuation; national economic security