试论人民币升值问题

STUDY ON RMB APPRECIATION

我国近两次通货膨胀的重要原因之一是由宽进严出的外汇管理制度造成的外汇占款过多所致。通过资料数据和实例分析,认为人民币应该有控制地缓慢升值,其升值幅度只要低于利率,就能控制“热钱”涌入,打击人民币投机者,最后提出了相关的政策性建议。

The authors consider that the recent two inflations in China is due to too much issuing of RMB and a heavy flow of foreign exchange Through analysis of data and actual facts, the authors draw a conclusion that the slow rise of the value of RMB will effectively not only control hot money pouring into China but also defeat speculators of RMB A corresponding suggestion for improvement of our foreign exchange control system has been put forward at the end of this paper