Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)

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Study on the Influential Factors of RMB Exchange Rate Fluctuation in COVID-19

Authors
Minze Li1, *
1Capital University of Economics and Business, Beijing, Fengtai District, Huaxiang, Zhangjialukou, 121, China
*Corresponding author. Email: 2006390154@o365.skku.edu
Corresponding Author
Minze Li
Available Online 3 July 2025.
DOI
10.2991/978-94-6463-748-9_16How to use a DOI?
Keywords
Depreciation; Exchange rate; Market consumption
Abstract

This article mainly introduces that after the COVID-19, against the background of the devaluation of the RMB against the US dollar, through a series of economic theories, it analyzes some factors that lead to the devaluation of the RMB. The main factors are probably the income level of the people of the country and the national interest rate. At the same time, there are also some secondary reasons, such as the strengthening of the US dollar, the decline of exports after the epidemic, the national policy to control the low exchange rate to promote exports, and so on, which together constitute the devaluation of the RMB. Therefore, this article can explain the reasons for this phenomenon through a comprehensive theory, and it can be concluded that this depreciation is short-term, can rebound, and can be foreseen after a large-scale epidemic in the future. It can accumulate experience for the fluctuation of exchange rates. Similarly, some ideas for solving depreciation are also provided in the end.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 July 2025
ISBN
978-94-6463-748-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-748-9_16How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Minze Li
PY  - 2025
DA  - 2025/07/03
TI  - Study on the Influential Factors of RMB Exchange Rate Fluctuation in COVID-19
BT  - Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
PB  - Atlantis Press
SP  - 134
EP  - 141
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-748-9_16
DO  - 10.2991/978-94-6463-748-9_16
ID  - Li2025
ER  -