search query: @indexterm FOREIGN EXCHANGE MARKET / total: 170
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| Author: | Xing, Yujing |
| Title: | Inevitable choice--foreign exchange market intervention and currency policy under the condition of globalization |
| Journal: | Intertrade (c)
1999 : 7, p.38-41 |
| Index terms: | FOREIGN EXCHANGE MARKET MONETARY POLICY CHINA |
| Language: | chn |
| Abstract: | Whether A country's central bank aims at achieving currency policy and exchange rate policy or takes the whole requirement of macroeconomic function into account, or has it in mind that promote foreign exchange market to run smoothly and healthily, relevant intervention activities on foreign exchange market must be carried out. The difficulties of China Central Bank on foreign exchange market intervention: A: the optional regulative tools are limited. B. National foreign exchange reserve is not stable. C. Speculative international capital movements affect demand of foreign exchange market. D Demand and supply of foreign exchange on the foreign exchange market mainly reflects the demand and supply of current account. |
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