我国银行同业拆借市场的汇率风险管理

Exchange Rate Risk Management in China’s Inter-bank Market

本文通过分析我国银行在同业拆借市场中的境外交易特征,考察了汇率波动对该市场系统性风险的影响。研究发现汇率风险使银行价值具有不确定性,因而加大了银行同业拆借的系统性风险。最后文章就如何提高银行监管效率、降低银行系统性危机传染风险等提出了相关的政策建议。

The paper investigates features of overseas transactions in China＇s inter-bank market, and observes the systemic influence of exchange rate oscillation on the market. The study finds out that exchange rate oscillation would intensify the systemic risks by affecting bank value. In the end, advices on banking regulation and contagion risk aversion are proposed.