如何认识人民币汇率问题（How to understand the problem of RMB exchange rate）.doc

如何认识人民币汇率问题（How to understand the problem of RMB exchange rate） How to understand the problem of RMB exchange rate Exchange rate, also known as foreign exchange market or exchange rate, is the most important adjustment lever in international trade. The rate at which a countrys currency is exchanged for another countrys currency is the price of another currency in one currency. Since the worlds currencies are different in name and currency value, a countrys currency requires an exchange rate for other countries currencies, that is, the exchange rate. In 2010, with the global economic recovery into a critical period, the friction around the issue of the RMB exchange rate between Europe and China is intensifying, President Obama called Chinese to promote the RMB exchange rate market-oriented, the world bank and the International Monetary Fund also pointed out that China should improve the value of the renminbi. Many of the recent and China competition in the international market in emerging market countries, the United States and Europe have also joined the camp, these emerging market countries such as the G20 meeting within the multilateral framework of the United developed countries put pressure on the rmb. In the face of the international market pressure on the RMB appreciation, Chinese the government into a dilemma: on the one hand, if the appreciation of the renminbi under external pressure, will inevitably fall to Europe and the United States of the tongue; on the other hand, if you do not appreciate, Chinese may damage the image of a responsible big country. Whether the Renminbi should rise or not, and what kind of way will it rise? What kind of impact will it have on the market? From an economic point of view, the RMB appreciation may mainly have the following aspects of the basis: First, the RMB exchange rate has not been adjusted for nearly 10 years since 1994, and Chinas economic and national strength has undergone profound changes over the past 10 years. Se