我国外汇储备管理的规模和结构风险及对策分析

近年来,我国外汇储备的增长速度较快,储备规模急剧增加,在目前金融危机发生的大背景下,巨额的外汇储备管理面临的规模风险和结构风险日益突出。由于规模巨大增加了外汇储备管理的难度和成本,加大了国内通胀及人民币升值的压力;由于投资结构过于单一加剧了外汇储备的汇率风险和机会成本风险。本文在总结我国外汇储备管理在规模和结构上面临的风险和特点的同时,对其成因进行了深入的分析,最后提出相应的规模管理和结构管理的对策建议。

China foreign reserve management's regulation and structure risk and counterm easure analysis

In recent years,foreign exchange reserves grow faster,reserve size increase dramatically.In the background of current financial crisis,huge foreign exchange reserves face size and structure risk.Huge foreign exchange reserves make the management difficulty and costly,increase domestic inflation rate and the pressure of RMB appreciation;the investment structure of foreign exchange reserves increase exchange risk and opportunity cost risk.This article summarizes the size and structure risk and characteristics...