民营企业集团财务管理模式及选择.kdh（Financial management mode and selection of private enterprise group.Kdh）.docVIP

民营企业集团财务管理模式及选择.kdh（Financial management mode and selection of private enterprise group.Kdh） CNSTAE Microscopic Exposition The bilateral exchange rate of the renminbi varies with the exchange rate of major international currencies, And the impact of arbitrage capital on the RMB exchange rate is not easy to appear When pegging the dollar and expanding the volatility, the RMB exchange rate climbs all the way and the people Appreciation of the currency is expected to strengthen, leading to a large influx of arbitrage capital. (3) the central bank can change the weight of the basket currency according to the change of the situation Line adjustment, to achieve its policy objectives. The decision to consult a basket of currencies for the reform of the exchange rate mechanism of a firm decision maker Maintain the confidence of market participants and ensure the smooth progress of the exchange rate regime reform Its very important. (two) medium range crawl dollar range (1) advantages of the crawl dollar range. First, from a global perspective, crawling range The intermediate exchange rate system is not only more common and stable, but also conducive to economic growth. 1990-2001 years, crawling in Asia, emerging economies and the western hemisphere countries (plus) The largest, excluding the United States) are the most common, accounting for 36% and 42% respectively. And according to The study found that, in the crawl range system, the forward exchange rate volatility is smaller than the spot The volatility of the exchange rate and the crawling range can stabilize exchange rate expectations. Two is the exchange rate can root According to changes in the balance of payments and foreign exchange market, minor adjustments have gradually come to a reasonable level, Avoid blindness. Three is the exchange rate adjustment is smooth, the impact on the economy is not big. (2) China benefits from the crawl dollar range. One is in the dollar crawling zone On the other hand, the trend o