to maintain the exchange rate of the local currency,the capability of settling external debts,and it ** an important guarantee to maintain public confidence.however,it ** not true that the the foreign exchange reserves the better.foreign exchange reserves ** the indicator of the wealth and purchasing power.it can be used in production activities.so there ** an
opportunity cost of foreign exchange reserves.if a
country holds anexcessive foreign exchange reserves,
it may impact on the implementation of monetary policy,thus increases
the inflationary pressure,and the pressure of rmb appreciation and other
**sues.with china's rapid economic growth in recent years,
foreign exchange reserves rapidly increases.when comparing with the data from other countries,
the size and structure of china's foreign exchange reserves h**e a series of problems.
hence how to improve the management of china's
foreign exchange reserves becomes the current d**cussion hot topic.since then,there ** a need to change the growth mode of foreign trade,to strengthen the management of foreign exchange reserves,and to implement reasonable investment measures in order to keep the size of foreign exchange reserves in a rational dimension.
at the same time,the efficient management of foreign exchange will also bring considerable economic benefits to ourcountry.">
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