2003•Unpublished venueRequires access
Some Think About RMB Exchange Rage Arrangement
Liying Chen
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Abstract
The paper started with analyzing the background of RMB revaluation, the macroeconomic significance of RMB exchange rate remained stable, the advantages and disadvantages of RMB revaluation, and the factor that made RMB exchange rate fluctuating, obtained a result that RMB exchange rate must be remained stable. The paper put forward further that Chinese government should adjust exchange rate system timely, in order to reduce pressure of RMB revaluation,irnprove the function of exchange rate policy, and table some proposals.