对人民币真实汇率的再思考

journal6 ›› 2005, Vol. 26 ›› Issue (2): 43-46.

对人民币真实汇率的再思考

（南京大学商学院，南京 210093）

出版日期:2005-04-15 发布日期:2012-09-22
作者简介:杨文超(1971-)，男，江苏省淮安市人，南京大学商学院副教授，博士生，主要从事金融与财务研究.

Research on the Real Exchange Rate of RMB

（The Business School of Nanjing University，Nanjing 210093，China）

Online:2005-04-15 Published:2012-09-22

摘要/Abstract

摘要：长期看来，中国应该实施由市场供求决定的灵活汇率制度.但短期看来，政府有必要采取一些非市场的行动保持汇率稳定，以减少风险和波动.面对国际上再度掀起人民币升值的舆论，笔者从影响人民币汇率变动的因素及人民币升值压力产生的原因着手分析，指出在近期内人民币汇率仍应保持稳定,适时调整相关政策，以化解目前的升值压力，提高汇率政策的作用.

关键词： 人民币汇率, 汇率稳定, 汇率升值

Abstract: In the long-term,China should adopt a flexible exchange-rate policy that varies according to the supply and demand of market.But in the short-term,government should take some non-market measures to keep the stability of exchange rate so as to reduce risks and fluctuation.Facing the increasing world opinions on RMB appreciation,the author,starting with analyzing the causes of RMB revaluation pressure and the factors that make RMB exchange rate fluctuate,obtains a conclusion that RMB exchange rate must remain stable in the near future,and Chinese government should adjust related policy timely to reduce the pressure of RMB appreciation and improve the function of exchange rate policy.

Key words: the exchange rate of RMB, the stability of exchange rate, appreciation of exchange rate

杨文超. 对人民币真实汇率的再思考[J]. journal6, 2005, 26(2): 43-46.

YANG Wen-Chao. Research on the Real Exchange Rate of RMB[J]. journal6, 2005, 26(2): 43-46.