主要国际货币国际化期间汇率变化的比较及启示  

Cooperation and Inspiration on Exchange Rate Changes of Main International Currencies Internationalization

作　　者：卜国军[1] 

机构地区：[1]中央财经大学,北京100081

出　　处：《金融发展研究》2015年第3期36-41,共6页Journal Of Financial Development Research

摘　　要：本文选取美元、德国马克、日元三种国际货币,分析、比较三种货币国际化进程中汇率变化的特点,发现从国际经验来看,世界主要国际货币在其国际化进程中都经历了升值过程,货币升值是该国货币国际化的必要条件。人民币国际化进程中应保持汇率稳中有升、维持经常项目顺差、关注美国货币政策影响,并根据国际化的不同阶段灵活实施汇率管理政策。This paper selects the dollar,Deutsche Mark,yen three international currency and analyses the changes of their exchange rate. From the international experience,the main international currency in the world in the process of internationalization has experienced the process of currency appreciation. The appreciation is the result of the country＇s more rapid economic growth,and it is a necessary condition for the currency internationalization. During the internationalization,the exchange rate of RMB should keep rise steadily,the current account should maintain surplus,the impact of US monetary policy should be pay close attention and in order to make a reference to manage the exchange rate of RMB.

关 键 词：货币国际化 汇率 升值 

分 类 号：F821.6[经济管理—财政学]