Comment on the Welfare Effect of Foreign Exchange Market

DOI

10.2991/emehss-17.2017.66How to use a DOI?

Keywords

Trade effect, investment effect, exchange rate stability, currency internationalization.

Abstract

China's current foreign exchange market is a closed market system with many aspects of inter-bank market and foreign exchange transactions. This has caused many problems such as lack of market competition and low efficiency. However, China's foreign exchange market is an important part of China's financial market, and in the perfect exchange rate formation mechanism, to promote the RMB convertible, service financial institutions, to promote changes in macro-control methods and to promote the improvement of the financial market system has played irreplaceable The role. In this paper, the welfare effect of the foreign exchange market is studied from the aspects of trade effect, investment effect, exchange rate stability and monetary internationalization, and the research on the foreign exchange market is reviewed

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Yonghua Yang
AU  - Ying Chen
PY  - 2017/04
DA  - 2017/04
TI  - Comment on the Welfare Effect of Foreign Exchange Market
BT  - Proceedings of the 2017 International Conference on Economics and Management, Education, Humanities and Social Sciences (EMEHSS 2017)
PB  - Atlantis Press
SP  - 294
EP  - 297
SN  - 2352-5398
UR  - https://doi.org/10.2991/emehss-17.2017.66
DO  - 10.2991/emehss-17.2017.66
ID  - Yang2017/04
ER  -