3Callen J. Lawrence, Chart M. W. Luke, Kwan C. C. Y. Spot and Forward Exchange Rates : A Causality Analysis [ J ] . Journal of Business Finance and Accounting, 1989, 16 (1) : 105-118.
4Hartman H. The International Financial Market and US Interest Rates [J] . Journal of International Money and Finance, 1984, (3) : 91 -103.
5Hung-Gay Fung, Wai K. L, Jiang Zhu. Nondeliverable Forward Market for Chinese RMB: A First Look [ J ] . China Economic Review, 2004, 15, (3): 348-352.
6Kaen F, Hachey G. Eurocurrency and National Money Market Interest Rates [ J] . Journal of Money, Credit and Banking, 1983, (15) : 327 - 338.
7Park J. Information flows between non-deliverable forward (NDF) and spot market s: Evidence from Korean currency [ J] . PacifieOBasin Finance Journal, 2001, (9) :363-377.
8Swanson E. Peggy, The International Transmission of Interest Rates: A Note on Causal Relationship between Shortterm External and Domestic US Dollar Returns [J] . Journal of Banking and Finance, 1988, (12) : 563 -573.
