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| Author: | Li, Chong |
| Title: | Improvement and development of China's foreign exchange market (original in Chinese) |
| Journal: | Journal of Sun Yatsen University (c)
1996 : 2, p.1-12 |
| Index terms: | FOREIGN EXCHANGE MARKET CHINA |
| Language: | chi |
| Abstract: | The mark of China's foreign exchange market went through two stages, that is, the stage of foreign exchange market of adjustment and the stage of foreign exchange market between banks. In this way, a market system is formed on a large scale. It is a good beginning, but still improvement and development are expected, China's foreign exchange market, at present, is a visible market. The currencies of exchange are USD, HKD and JPY, This paper analyzes the forms of foreign exchange market, the principal part of the market participators, the categories of exchanges, the mechanism of foreign exchange rate, the foreign exchange management systems and the role of the central bank. It also puts forward the suggestions on the further development of China's foreign exchange market. |
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