On the basis of the hypothesis of equilibriums between supply and demand of three sectors,the authors attempt to construct some econometric models, and estimate the impacts of trade policies,international market prices and macroeconomic variables on the real exchange rates.

The paper examines the impact of trade costs on real exchange rate volatility.

The relation between the real exchange rate and capital flows in a small open economy;

Nonlinearity Forecasting of Real Exchange Rate in China Based on STAR;

Research on factors influencing Renminbi real exchange rates;

Through an examination of the exchange rate movement in recent ten years and a comparison between nominal effective exchange rate and actual exchange rate, they are shown that the RMB currency is stronger than other major currencies in their trends of exchange rate and its value is not underestimated.

This thesis focuses on the traits of the divergent moves of nominal exchange rate and actual exchange rate of RBM since the 1990s and dissects the causes of decent growth of the nation s exports and actual trade payment when the nominal exchange rate of RMB remain.

This article chooses three kind of types (export commodities structure, trade way structure, visible trade and invisible trade structure), in the foreign trade structure, inspects between 1980-2005 year period RMB actual exchange rate and the foreign trade structure bidirectional relations.