Research on Currency Exchange and Currency Internationalization
Huang Feng
Abstract
Huang Feng
Abstract
When a nation's economy develop and open to a certain extent,the currency's role will extend and develop.The currency's convertibility and internationalization is one of the most important two aspects,not only connection and promotion,but also distinction and influence.If the relationship between the two aspects is undeserved,the cross-border capital flow risk will amplify.The free convertibility and internationalization of the RMB is economic and practical needs of the development,and facing historical opportunity.How to coordinate the relationship of convertibility and internationalization,promote RMB's convertibility steadily,create conditions of RMB's internationalization;and the same time,how to use the international monetary advantage,reduce risk in the process of convertibility of RMB is a worthy issue for us to research.
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When a nation's economy develop and open to a certain extent,the currency's role will extend and develop.The currency's convertibility and internationalization is one of the most important two aspects,not only connection and promotion,but also distinction and influence.If the relationship between the two aspects is undeserved,the cross-border capital flow risk will amplify.The free convertibility and internationalization of the RMB is economic and practical needs of the development,and facing historical opportunity.How to coordinate the relationship of convertibility and internationalization,promote RMB's convertibility steadily,create conditions of RMB's internationalization;and the same time,how to use the international monetary advantage,reduce risk in the process of convertibility of RMB is a worthy issue for us to research.
Key concepts: Convertibility, Renminbi, Internationalization, Currency, International economics, Economics, Capital account, Foreign exchange risk