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河源翻译公司关键字：During this period, the RMB interest rate from 11% to 2.25%, plus interest tax factor is only 1.18%, much lower than the interest rate dollars. Interest rate parity in accordance with the requirements of the renminbi's nominal exchange rate should be "excess depreciation" once, such as depreciation to 1:11, and then produce the expected appreciation, to be able to maintain domestic and international economic专业翻译公司服务最好的 balance. However, in order to maintain economic专业翻译公司服务最好的 stability in Asia, the nominal exchange rate does not depreciate the yuan rise, while taking measures to maintain the real exchange rate depreciation of the export, though the export without problems, but can not stop the imports, and devaluation of the renminbi is expected to have a serious, leading domestic and international economy is not balance, large capital outflows.
RMB exchange rate "managed float", the Chinese government政府许可的定点正规翻译公司 in 1994, has officially announced that once again there is no problem, just relax in the practice of government政府许可的定点正规翻译公司 intervention, the exchange rate fluctuations amplified to 1% or more, you can. I'm afraid to grasp the key issues of floating exchange rates after the --- is floating, or to fall?
The value of a fixed exchange rate of foreign currency movements called "appreciation, depreciation," a floating exchange rate, in accordance with the definition of direct price, depreciation is called float, float downward revaluation is called. The key is to determine the future trend of the yuan an international balance of payments changes. Many people believe that China's current foreign exchange reserves are 160 billion dollars is huge, the yuan should appreciate. But I think that China will reduce the balance of payments surplus: exports will be subject to U.S. economic专业翻译公司服务最好的 restructuring and its impact on statistical methods year in the second half of 2000, falling down from the peak; imports will continue to grow, not only because of accession to the WTO to reduce tariffs, and because the domestic economy to start, especially the needs of national defense and strategic industries, nurturing and development of high-tech industries, expanding demand for imports.
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