Subtitle:
By:Guoping Zhu
Publisher:Social Sciences Academic Press
ISBN:978-7-5201-8997-2
Publication Date:2021-12-17
Language:Chinese
Focusing on the management of foreign exchange reserves in the context of currency internationalisation, this book reviews the theory and practice of RMB internationalisation, and then analyses the current situation of China's foreign exchange reserve management in the context of RMB internationalisation. It then analyses the logic and characteristics of the management of the size and structure of foreign exchange reserves in the process of internationalisation of the world's major currencies from both theoretical and empirical perspectives, and obtains a general rule on the relationship between the process of currency internationalisation and foreign exchange reserve management. On the basis of the experience of foreign exchange reserve management in the process of currency internationalisation of mainstream countries, the principles and paths of foreign exchange reserve management in China in the process of RMB internationalisation are presented. The book follows the idea of starting from reality, rising to the theoretical level, and then returning to reality to guide practice, to study the relationship between currency internationalisation and reserve management, and finally to obtain ideas on the management of China's foreign exchange reserves.