Issue |
E3S Web Conf.
Volume 214, 2020
2020 International Conference on Energy Big Data and Low-carbon Development Management (EBLDM 2020)
|
|
---|---|---|
Article Number | 03007 | |
Number of page(s) | 4 | |
Section | Digital Development and Environmental Management of Energy Supply Chain | |
DOI | https://doi.org/10.1051/e3sconf/202021403007 | |
Published online | 07 December 2020 |
The Influence and Impact of the Exchange Rate on the Economy
Faculty of Business, University of Nottingham Ningbo, Xi’an, Shannxi, 710068, China
This paper analyzes the influence and impact on the exchange rate from several aspects. Firstly, the primary factors influenced by the exchange rate, export, the prices and costs are introduced in this paper. Productivity refers to the increase because the local currency strengthens. Then, it indicates that the exchange rate affects productivity. The last part about influential factors is the effect on the number of tourists. After analyzing the impact of the exchange rate, some suggestions about exchange rate policies are put forward. The exchange rate is an essential element, and it requires to attach importance to both the logical operation and the appropriate use of policy.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.