关于人民币汇率走势的再探索

Exploration on Renminbi Rate Tendency

人民币名义汇率高估 ,影响了我国外汇体制改革的深入进行 ,也在一定程度上制约了国内经济的发展。我国货币当局应选择适当的时机下调人民币汇率 ,使之向实际汇率回归。在其回归的过程中 ,振幅不宜过大 ,下调方式宜在频率适度的条件下进行“微调”

The high estimation of Reminbi nominal rate influences the reform of foreign exchange,and also limits the development of our dometic economy.Hence,Renminbi rate should be declined in a suitable time for the purpose of coming back to its actual rate.During this process,a micro-adjustment is adopted.