E, Yongjian; Gu, Anthony Yanxiang; Yang, Chau-Chen - In: Review of Pacific Basin Financial Markets and Policies … 12 (2009) 01, pp. 141-158
The exchange-rate behavior of the Chinese yuan (RMB) and the Malaysian ringgit (MYR) indicates that the real exchange rate volatility of both the pegged currency/the anchor currency (the US dollar), and the pegged currency/the non-anchor currencies (Japanese yen and British pound) are lower...