Period | Lag | CNH⇒CNY | CNY⇒CNH |
Whole | 8 | 0.0000*** | 0.0000*** |
A | 7 | 0.0248** | 0.0030*** |
B | 2 | 0.0253** | 0.4557 |
C | 1 | 0.0408** | 0.8109 |
D | 8 | 0.0000*** | 0.0084*** |
E | 3 | 0.0005*** | 0.0004*** |