人民币汇率与外汇储备相关性的学术演进与当下对策

随着人民币汇率上下波动难测及中国外汇储备不断累积,国内关于此领域的研究也日益丰富。人民币汇率波动的特征、我国外汇储备的规模和资产结构是否合理、人民币汇率与外汇储备之间存在怎样的关系,国内学者对这些问题做了大量的研究,当然结论也不尽相同。本文对国内相关文献进行了梳理和逻辑推演,以引起更多的学术关注,为相关部门提供决策依据。

The Academic Evolution and Current Strategies about the Correlation Between RMB Exchange Rate and China's Foreign Exchange Reserve

With the unpredictability of tl~ RMB exchange rate fluctuations and the increasingly accumulated size of China＇ s foreign exchange reserve, domestic research about this area has gradually been enriched. A lot of research has been done by the domestic scholars on the characteristics of RMB exchange rate fluctuations, whether the size and asset structure of foreign exchange reserve are reasonable, and the relationship between RMB exchange rate and China ＇ s foreign exchange reserve. Of course, the conclusions are not the same. This paper combs and makes logical deduc- tion about the domestic literature, and proposes the current strategies, which attracts more academic attention and pro- vides some reference for the decision-making department.