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The Analysis on Grey Correlation of Influencing Factors of Foreign Exchange Reserve under the Background of the Internationalization of RMB
Author(s): 
Pages: 28-31+36
Year: Issue:  8
Journal: Xi'an Finance

Keyword:  internationalization of RMBforeign exchange reserveinfluencing factorgrey correlation;
Abstract: RMB’s joining SDR basket is an important milestone in the process of the internationalization of RMB, and under this background, further study of the changing trend of foreign exchange reserve and its influencing factors is of great significance. Based on the related data from 2000 to 2014, using the theory of grey correlation, the paper analyzes the related situation of foreign exchange reserve and its influencing factors. And then, according to the result of the model, the paper puts forward relevant policy suggestions on how to reasonably adjust and apply the foreign exchange reserve in the process of RMB internationalization to promote the long-term healthy development of economy in China.
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