世界货币单位网站启用7.docVIP

世界貨幣單位網站啟用 (examples cited refer to April 26, 2008) 由嶺南大學公共政策研究中心何濼生教授開發的「世界貨幣單位」(World Currency Unit, WCU) ，早前(23卷第7期 2000年7月) (WCU)可用美元、歐元、英鎊、瑞郎、日元，甚至港元或人民幣報價，嶺南大學世界貨幣單位網站每天都提供上述貨幣最新的報價 .hk/cpps/wcu/index.htm 。按照WCU的估算，美元的實質購買力自1970年至今已下跌了超過九成。 按照WCU的估算，國際油價早前100美元的每桶價格與1980年的歷史高峰（當時每桶價格為37美元）相約。相反，金價仍僅為1979年的高峰價的一半而已。 自今年年初至今，人民幣的實質購買力下跌了約1.3%，與WCU中的一籃子貨幣貶值速度相約。瑞郎則上升了3.9%，美元的實質購買力下跌了5.3%。 世界貨幣單位可作為債券的結算單位，也可用作商品的報價。以WCU作為債券的結算單位，會保障債權人不致被通脹侵食其資產，並兼備分散貨幣匯兌風險的作用，所以十分吸引。用作商品報價，WCU又可減低因美元匯價變動引發的投機活動，因此有利市場的穩定。 World Currency Unit Website Launched The “World Currency Unit”(WCU) is a concept developed by Prof. Lok Sang HO of the Centre for Public Policy Studies, Lingnan University, Hong Kong (World Economy,23(7) July 2000). After 8 years of refinement and testing, the concept has now been put into practice. The World Currency Unit website is now available at .hk/cpps/wcu/index.htm. It now provides a very useful reference for citizens, investors, and financial institutions. The World Currency Unit is not a currency, nor is it intended to be a currency in circulation in the future around the world. It is only an “indexed unit of account” that represents a unit of real purchasing power against a basket of global output. It can be quoted in US dollars, Euro, Yen, Swiss Francs, RMB, HK Dollar, or any other currency. The Lingnan University WCU website provides daily quotations in the above currencies. According to calculations based on the WCU, the real purchasing power of US dollars has fallen by more than 90% since 1970. Based on the WCU, the real price of oil at US dollars 100 per barrel would be about the same as the peak price reached in 1980($37). At today’s prices(at US$118 per barrel), the real price of oil is higher than that historic high by almost 20%. In contrast, the real price of gold today(at US$886 per troy ounce) is less than half of its real price in 1979, when it reached a historic high. Since the beginning of the year, the RMB has lost about 1.3% of