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The Difficulties Faced By The Internationalisation Of The Renminbi And Its Solution

Posted on:2016-03-31Degree:MasterType:Thesis
Country:ChinaCandidate:L C HuangFull Text:PDF
GTID:2349330461984263Subject:Finance
Abstract/Summary:PDF Full Text Request
The research content of this paper is the three main difficulties:international settlement network will meet in RMB internationalization, currency retained between overseas and offshore bond market these three points to everybody could understand primary school mathematics quantization and expounds three people before and after the order relationship, and puts forward the guarantee deposit insurance system, individual amount the offshore market place of issue and sources of funding arrangement scheme. Put forward the RMB issuance quantity calculation of growth to deduct the overseas retained and Shun deficit adjustment.The M2 dollars overseas loss coefficient=(1+GDP)*(1+CPI)That is equal to the actual formula on the left M2 dollars, right is equal to the nominal GDP.From the above formula can be seen, the first to lose weight in the calculation of offshore RMB retained when the renminbi is over.In 2013 Chinese currency in circulation (MO) balance at the end of the year 5.86 yuan, net invested 389900000000 yuan in cash. Annual GDP growth of 7.7%, CPI growth of 2.6%. At the end of the year, the country's foreign exchange reserves amounted to ?3.82. RMB exchange rate is ?1=6.0969 yuan.3899/(58558-10000)*100%=8.02%That is the actual issuance of RMB rate was 8.02%In the implementation of the metal money did not form a monetary phenomenon internal devaluation and external rise because more than the metal currency will automatically enter the storage stage. So the amount of currency and trade surplus and deficit adjustment:Domestic goods actually increase the amount of n [(the current GDP-current NX)-(given GDP-given NX)]/(given GDP-given NX)...
Keywords/Search Tags:RMB internationalization, Offshore bond, Currency super hair
PDF Full Text Request
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