金融全球化背景下的汇率—利率联动风险与防范

Exchange Rate under the Background of Financial Globalization——Interest rate linkage risk and Prevention

随着国际经济一体化进程的加快以及我国金融市场对外开放,利率市场化改革不断推进,汇率机制也在不断放开,汇率和利率之间的联系日益明显。汇率和利率两个经济变量的相互作用,会在无形中放大各自的波动幅度,构成一个复杂的动态系统,进而不可避免地对国内经济造成冲击。通过对汇率利率联动风险及风险防范的研究,旨在减轻风险带来的不确定性,实现资本的优化配置。

with the accelerated process of international economic integration and the opening up of China＇s financial market, the interest rate market reform continues to advance, Exchange rate mechanism is also constantly open, the link between the exchange rate and interest rates become increasingly apparent.The interaction between exchange rate and interest rate of two economic variables, It will be virtually amplified in their respective volatility, constitute a complex dynamic system, and thus inevitably impact on the domestic economy.Through the study of the risk and risk prevention of exchange rate linkage, the aim is to reduce the uncertainty of the risk and achieve the optimal allocation of capital.