2005年下半年以来,人民币汇改已成为促进我国金融市场改革与发展的重要因素:外汇市场创新和改革的"催化剂"、利率市场化和货币市场创新的"助推器"、股市的"鲶鱼"等.就将来而言,人民币汇改仍将是推动我国金融创新与发展的重要力量,但随着资本账户的进一步开放和汇率弹性的进一步增加,也将会增加我国金融市场的不稳定性和金融风险.
Since the second half of 2005,the CNY Exchange Regime Reform has become the essential factor to enhance the development of the Chinese financial markets: the innovation of the foreign exchange market,the reform "agents",the booster of interest rate marketization and the stock market's "catfish",etc..As far as the future is concerned,The CNY exchange regime reform will remain the key factor to push the innovation and development of the Chinese financial markets,but as the capital account is further opened an...