MACROECONOMIC POLICY:EFFECTS ON EXCHANGE RATE OF RMB

Abstract

Abstract: From the standpoint of factors effecting exchange rate,this paper studies mostly the effects of one country's macroeconomic policies on its exchange rate under incomplete capital flow.It then gives the analysis of benefits and costs of RMB tendency,and points out that it is the inevitable tide for China participating the economic globalization that RMB becomes international freely exchangeable.

Key words: monetary policy, fiscal policy, exchange rate

摘要： 本文从影响汇率变动因素的角度出发,着重探讨在不完全资本流动情况下宏观经济政策对一国汇率变动的作用,进而对人民币走势作一利弊分析,指出人民币走向国际可自由兑换货币是中国参与经济全球化的必然趋势。

关键词: 货币政策, 财政政策, 汇率

CLC Number:

F830

FU Hong-juan. MACROECONOMIC POLICY:EFFECTS ON EXCHANGE RATE OF RMB[J]. Economic Theory and Business Management, 2001, (4): 11-17.

傅红娟. 宏观经济政策对人民币汇率变动的影响[J]. 经济理论与经济管理, 2001, (4): 11-17.

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