RMB exchange rate has a quicker response to information after the reform. The return has neither a characteristic of leverage effect nor a risk premium effect.
汇改后，人民币汇率对信息反应速度有所提高，既不存在杠杆效应，也不存在风险溢价效应。
RMB exchange rate has a quicker response to information after the reform. The return has neither a characteristic of leverage effect nor a risk premium effect.
汇改后，人民币汇率对信息反应速度有所提高，既不存在杠杆效应，也不存在风险溢价效应。
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