The impact of RMB exchange rate fluctuations on the banking industry
DOI:
https://doi.org/10.54097/9tm87w70Keywords:
RMB exchange rate, RMB exchange rate fluctuations, banks.Abstract
With the deepening of globalization and the steady advancement of the internationalization of the RMB, the participation and importance of the RMB in global transactions have gradually increased. As banks are an important part of the global RMB transactions, the impact of exchange rate fluctuations on the banking industry is objective. And in the context of undercurrents of international capital and frequent domestic financial risks, the impact of exchange rate fluctuations on the banking industry has become increasingly prominent. Therefore, this paper conducts a relatively comprehensive study on the fluctuations in the RMB exchange rate and its impact on the banking industry.
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