2004Journal of Lanzhou Commercial CollegeRequires access

Actuality Analysis and Reform Methodsof Our Country's Exchange Rate System

Meng-Nan Zhu

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Abstract

First,this article expatiates the reason of using the fixed exchange rate system in our country recently.Then combining with our country's economic situation, the article analyses the disadvantage of the fixed exchange rate system and the advantage of the floating exchange rate system.Basing on foregoing analysis, the article draws a conclusion that the supervising and floating exchange rate system is our country's best choice of the exchange rate system.In the end, the article brings forward the advice of transforming the fixed exchange rate system into the supervising and floating exchange rate system in our country.

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What this paper is about

First,this article expatiates the reason of using the fixed exchange rate system in our country recently.Then combining with our country's economic situation, the article analyses the disadvantage of the fixed exchange rate system and the advantage of the floating exchange rate system.Basing on foregoing analysis, the article draws a conclusion that the supervising and floating exchange rate system is our country's best choice of the exchange rate system.In the end, the article brings forward the advice of transforming the fixed exchange rate system into the supervising and floating exchange rate system in our country.

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Available abstract

First,this article expatiates the reason of using the fixed exchange rate system in our country recently.Then combining with our country's economic situation, the article analyses the disadvantage of the fixed exchange rate system and the advantage of the floating exchange rate system.Basing on foregoing analysis, the article draws a conclusion that the supervising and floating exchange rate system is our country's best choice of the exchange rate system.In the end, the article brings forward the advice of transforming the fixed exchange rate system into the supervising and floating exchange rate system in our country.

Key concepts: Exchange rate, Disadvantage, Floating exchange rate, Fixed interest rate loan, Economics, Exchange-rate regime, Monetary economics, Interest rate

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