Research on RMB Exchange Rate Reform in the Global Imbalance and US Dollar Dynamics

Along with the Chinese economy playing a stronger role in the international arena,more enthusiasms and attentions from home and abroad on the internationalization of RMB and RMB exchange rate are given.In post-dollar standard era,global imbalance and appreciation pressure of RMB are of presence.How to offset the shackles of dollars from the strategic level is urgent.From the global imbalance and dollar exchange rate dynamic departure,This article analyzes the devaluation of the dollar for its own interest,and combining with empirical facts and relative viewpoints of the RMB exchange rate,the paper puts forward proposals of RMB exchange rate mechanism reform in post crisis era.