The real effective exchange rate of RMB had been falling for five months. The statistics of Asian Bank showed that the real effective exchange rate of RMB went down by 4.5% in the first seven months.
而在这之前，人民币的实际有效汇率已经连续5个月贬值，亚行统计数据显示，今年前7个月人民币实际有效汇率下跌了4.5%。
The research subject of this thesis is the effect of change of RMB real effective exchange rate on China's economic growth.
因此，本文在检验人民币汇率对中国经济增长影响的时候采用的是人民币实际有效汇率。
The depreciation of RMB' real effective exchange rate significantly promotes economic growth and its effect tends to be higher.
人民币实际有效汇率贬值的经济增长效应显著存在，且有提高趋势。
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