摘要
我国的基本国情决定了目前人民币币值稳定的汇率政策,在外汇供求差异较大的情况下,汇率政策目标实现较为有效的工具为中央银行外汇市场干预行为,而形成目前人民币升值压力的原因本质上并非经济基本因素所致,而是供求机制中的非对称性使然。
The basic conditions of China's economy require stability of RMB value, for great discrepancy between demand and supply justifies the effective use of central bank intervention in foreign exchange market to realize its exchange rate target. The pressure for RMB's appreciation does not inherently come from non-economic factors, but from the asymmetry of the demand-supply mechanism.
