Research Article
A New Cost-Profit Model for Measuring the Optimal Scale of China’s Foreign Exchange Reserve
Table 4
Real foreign exchange reserve (FER) and predicted FER.
| | Real FER | Predicted FER |
| 1999 | 154.675 | 179.583 | 2000 | 165.574 | 202.251 | 2001 | 212.165 | 233.395 | 2002 | 286.407 | 279.739 | 2003 | 403.251 | 334.665 | 2004 | 609.932 | 386.539 | 2005 | 818.872 | 461.083 | 2006 | 1066.34 | 548.068 | 2007 | 1528.249 | 670.038 | 2008 | 1946.03 | 864.188 |
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