short of exchange

The result indicates that productivity change play an important role in Renminbi real exchange rate change irrespective of short-term or long-term and that real exchange direction is reversal of Balassa-Samuelson Effect anticipation.

结果表明，无论在短期还是长期，生产率的变动对人民币实际汇率的变动都起着最重要的作用，但是对实际汇率的变动方向与巴-萨效应预测的相反。

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The impact of Nominal effective exchange rate on domestic price is not one-to-one. The impact of the appreciation of RMB on the domestic price level is not significant in the short term and in the long run the impact is more significant than in the short term.

人民币升值在短期内对国内价格水平的影响是不显著的，在长期中对国内物价水平的影响则要比短期中大的多。

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Study on Short and Medium Term Equilibrium Exchange Rate of RMB Based on BEER Model

基于BEER模型的人民币中短期均衡汇率研究

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A bill of exchange that is payable on demand or within a very short time.

指见票或在很短时间内即付的票据.

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For countries with more frequent and sometimes larger exchange rate fluctuations, the focus should be on short-term transaction exposure plus the net cost of or return from risk management including some derivative instruments for hedging.

对于汇率变动较为频繁，有时波动幅度较大的国家，应将管理的重点放在短期交易风险上，同时综合考虑风险管理成本和收益，合理使用一些衍生工具进行保值。

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Through the way of short message communication, complete information exchange between the client and the console.

通过短消息通信方式完成客户端与控制台之间的信息交换.

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On one hand, affect the using state level data on RMB real effective exchange rate on employment of short and long term makes empirical analysis.

一方面，本文利用国家层面的数据对人民币实际有效的汇率对就业的长短期影响进行了实证分析。

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For some historical factors, the research on exchange rate risk management in China is a late starter. And some foreign trade enterprises despise foreign exchange risk management. Moreover, China is very short of talents of professional risk management.

由于某些历史因素，对外汇风险管理的研究在国内起步较晚，我国一些外贸企业对外汇风险管理的认识仍然不够，专业的风险管理人才更是缺乏，各个方面都有待于进一步提高。

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On February 23, 2005. 50ETF ( Exchange Traded Fund) of Shanghai Securities is listed in Shanghai Securities Exchange, which indicates the new indexation investment tool that concentrates on investment, trading and short-term investment emerged on securities market in China.

2005年2月23日，上证50ETF在上海证券交易所挂牌交易，这标志着融合投资、交易和短线操作为一体的全新指数型投资工具登陆中国证券市场。

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In this paper, we examine time series features of RMB/ US dollar exchange rate, using Cycle-ARMA model and CAR model for short-time exchange rate forecasting.

通过对汇改后人民币对美元汇率的波动情况进行分析，采用周期-ARMA模型和多变量的CAR模型，对人民币汇率进行短期预测。

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