外资流入和人民币自由兑换对货币供给的影响

On How the Inflow of Foreign Capital and Fluctuation of Foreign Exchange Rate Influence the Supply of the Money of Our Country

我国加入WTO之后 ,随着金融对外开放度的提高 ,外资流入和汇率波动以及外资银行的进入等都会对本国的货币供给形成冲击。要建立能够适应WTO挑战的货币供给机制 ,必须考虑资本流动和汇率波动对本国货币供给的影响。本文分析了强制结售汇制度、外汇储备和人民币自由兑换等因素对我国货币供给的影响 ,并提出了相应的政策措施。

After entering to the WTO, China will be more opening in finance fields. The inflow of foreign capital and the fluctuation of foreign exchange rate and other factors like these will give high impact on domestic money supply. So, the paper firstly examines how those factors,such as foreign exchange reserve and the convertibility of RMB, influence domestic money supply. Then the paper gives some advice on how to build new money supply mechanism.