Research On Theory Of Western Exchange Rate And RMB Exchange Rate

This thesis assays the content, route of development, feature on the theory of Western exchange rate, further reveal the basis characteristic of the theory, making a conclusion, the author thinks that the basis premise of the theory of Western exchange rate is not in line with reality, research methodology did not grasp essence of the exchange rate impacted on the theory of the money quantity, then has not made a accordance conclusion. A more serious problem lies in a science longtime equilibrium theory has not founded in the framework of the theory of Western exchange rate, and lead to the disfulfilment of theory frame, low utility value and so developing prospect is limit.The purport of the theory research is offer science and availability theory basis. On the present, RMB faces on the pressure of increase in value, providing a available settlement of this problem should depend on a science theory of change rate. The theory of resource decision is a science and availability ,which at least offer several revelation: research on how to polish formation mechanism of exchange rate might superior to personal extrapolate about the longtime equilibrium and the most simple manner is the equilibrium exchange rate be discovered by marketplace although the theory frame is integrated. When the formation mechanism of exchange rate is strengthen, exchange rate level will not be distort, the distance between our country and developed countries will be lessen in the long time.Based on the research conclusion on the Western theory of exchange rate, This thesis believes that the most important thing is to found a theory of exchange rate, which possess a true basis premise, could reveals exchange rate essence, could be proved by reality. Through refer to the latest research outcome on message...