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| Tekijä: | E, Zhihuan |
| Otsikko: | Policies of Renminbi rate of exchange and analysis of internal and external factors (original in Chinese) |
| Lehti: | Macro Economic Management (c)
1999 : 3, p.12-16 |
| Asiasana: | MONETARY POLICY EXCHANGE RATES CHINA |
| Kieli: | chn |
| Tiivistelmä: | To choose the policies of the exchange rate of Renminbi, efforts should be given to effectively restrict and eliminate inappropriate expectation of depreciation, amply the supporting degree of actual market demand to the exchange rate of Renminbi. First, we should continuously strengthen the foreign currency management. second, we should strive to stabilize the nominal exchange rate and at the same time we should also consider using the relations between the nominal and effective exchange rate, make the exchange rate serve the macroeconomic target by proper readjustment of inflation, exchange and interest rate etc.. Meanwhile, we should also pay close attention to the changes of international foreign exchange market. Last, we should make it publicized that Renminbi is a very strong currency. |
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