东盟5国汇率制度新探

New Study of Five ASEAN Countries’Exchange Rate Regime

自2005年马来西亚汇率制度改革以来,东盟5国均转向浮动类型的汇率制度。各国货币延续之前缓慢升值态势直到2008年全球经济危机爆发。在应对危机以及危机前后本币持续升值的走势中,东盟5国汇率制度产生了新的特征,本文分析其利弊及对中国汇率制度改革的启示。

Since the exchange rate regime reform in Malaysia in 2005, all the ASEAN-5 countries turned to floating regimes , their currencies continued the appreciation until the global crisis in 2008. In encountering the crisis and the currency appreciation before and after the crisis, the exchange rate regimes of ASEAN-5countries show new characters. The paper analyzed its pros and cons with related countermeasures.