中国外汇储备形势与对策思考

中国外汇储备最近连续三年年外汇储备增量超过2000亿美元,目前储备总量已达一万亿美元。高额外汇储备对外汇管理提出挑战,外汇储备的过度增长更对人民币币值稳定、货币政策效果具有重要影响。要正确处理当前外汇储备问题,必须提高储备存量管理水平,遏制储备过快增长。要正确处理外汇储备与货币政策、人民币币值的勃论关系,必须完善人民币汇率形成机制,改革强制结售汇制度。

Thinking of China foreign exchange reserve situation and countermeasures

In recent three years,China's foreign exchange reserves(FER)has yearly increased over 200 billions of US dollars,and now China's FER has reached 1000 billions of US dollars.The high FER proposes the challenge to the management of FER itself,and the excessive growth of FER has an important influence on the stabilization of RMB exchange rate and the effect of monetary policy.To correctly solve the problem of high FER,It's essential to raise the management level of existing FER and prevent excessive growth of FER.To correctly solve the contradiction among FER,monetary policy and the exchange rate of RMB,It' s urgent to perfect the RMB exchange rate system,reform the foreign exchange compelling buy-sell system.