汇率机制

How to smooth the transmission mechanism of interest rate-exchange rate, coordinate operation of the interest rate policy and exchange rate policy with advance in capital account liberation, is one of the prime issues influencing the healthy development of China economy.

如何通畅利率—汇率传导机制，协调好目前的利率和汇率政策，以及在资本帐户逐步开放的过程中进一步协调好两者的关系，是事关中国金融能否稳定、健康发展的重大问题。

The second part analyzes the establishment of current RMB exchange rate system, and explains the base of current RMB exchange rate system reflected on exterior surroundings and interior mechanism.

第二部分分析了现行人民币汇率制度的形成，并从外部环境和内部机制两方面分析了现行人民币汇率制度的生存基础。

According to the analysis in the previous chapters,the fourth chapter makes analysis from exchange rate changes to stimulating the economic development of our country,and then to the employment transmission mechanism.Aiming at the impact of change in the RMB exchange rate on employment,the paper sums up the main conclusions and propose policy recommendations.

第四章根据前三章的分析，主要从汇率变动刺激我国经济发展、再以经济发展带动就业传导机制展开分析，针对人民币汇率变动对就业产生的影响，总结出主要结论并提出相应的政策建议。

The status of our exchange rate system makes monetary policy transmission mechanism show a special phenomenon. That is capital escapement and money substitution.

我国汇率管理体系所处的特殊状态使我国货币政策汇率传导机制表现出独特的现象，即资本外逃和货币替代。

The reform of exchange rate put forward high requirements for china commercial banks in the aspects of exchange rate risk management.

人民币汇率形成机制改革后，商业银行的汇率风险暴露及其防范已经成为我国商业银行经营管理中的重点。

And market-oriented regulation of the representativeness of the parameters of the tools, practices, interest rates and exchange rates.

在利率和汇率的调整过程中，利率水平和汇率和利率重估汇率形成机制的改革，必然需要伴随事迹。

Great importance is attached to Chapter three, in which the author analyzes the current condition of national exchange rate risk management in two aspects: internal and external factors. Chapter four presents some solutions to various principal problems, which improve the system of enterprises' exchange rate risk management, and set up an operating mode of mechanism of enterprises' internal previous tergiversation exchange rate risk.

因此，本文第三章着重分析了基于人民币钉住汇率制下我国企业汇率风险管理的现状，包括内部因素的分析、外部因素的分析，并在最后一章——第四章中基于人民币汇率市场化下就各种问题提出相应的对策、完善了企业汇率风险管理系统、建立了企业内部风险预警机制运行模式。

The current formulation mechanism of RMB exchange rates does not match with the situation of economic evolution these years, so we must improve it as soon as possible. The major target is to achieve the basic stability of RMB exchange rates on the reasonable and equilibrial level.

现行人民币汇率形成机制与我国现阶段的对外经济发展形势不相适合，应着手加以完善，主要目标是在赋予其弹性的基础上实现人民币汇率在合理、均衡水平上基本稳定。

In Chinese monetary transmission mechanism, monetary transmission channel is restricted owing to unsocialized interest rates and unperfected monetary market, credit transmission channel is the primary transmission channel.

我国货币政策传导机制中，由于利率市场化程度不高、货币市场不发达等因素制约了利率传导机制、资产价格机制、汇率传导机制的有效性，导致目前信用传导渠道仍然是我国货币政策传导的主要途径。

"China will continue to firmly promote financial reforms, improve the renminbi exchange rate-setting mechanism, develop the foreign exchange market, and increase the flexibility of the renminbi exchange rate," he said.

&中国会继续坚定地推行金融改革，改善人民币对外币的汇率制定机制，发展外汇交易市场，并且人民币汇率会更加灵活。&

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。