国际外汇市场头寸管理经验对完善我国外汇管理制度的借鉴

Implications of the Management Experience of International Foreign Exchange Positions Practices for Perfecting China's Foreign Exchange Administrative System

巴塞尔协会针对银行风险监管提出的资本充足率要求已成为国际谨慎监管的一个标准,并被应用到对外汇暴露头寸风险的监管。本文通过分析国际外汇市场外汇头寸管理的经验做法以及我国目前的外汇管理现状,对存在的问题提出相关政策建议,认为我国应逐渐实施更为灵活的外汇头寸管理政策,增强我国金融机构尤其是商业银行的风险管理能力,活跃外汇市场交易。

The capital adequacy requirements put forward by the Basel Committee on banking supervision have virtually become an international standard of prudential regulation and been applied to the regulation of exposed positions on the foreign exchange market.By analyzing the international practices and management of foreign exchange positions in China,this paper puts forward policy recommendations by suggesting that China should implement more flexible policies of foreign exchange positions management to strengthen its risk management of financial institutions,commercial banks in particular and activate the trading in the foreign exchange market.