The Conflicting And The Moderation Of The Monetary Policy And The Exchange Policy

Along with the development of the international fluxion of the main factors, such as merchandise and capital...etc., the economy of a country and the economy of the world depend each other by and by, the problem of exterior balance will appear, the improvement of the banlance of the internal and exteriors becomes a important target of the macroscopic economic policy. And, the opening economy make the economy originally under close condition change deeply, the banlance of the internal and exteriors will conflict possibily. For example, when economy is placing in the hot zone, policy that tightens the economy probably makes inflation more hard to control because the international storage mechanism. when the main mission is to stimulate the economy growth, the impact of the currency supply may result in the excesssive motion and speculation of the rate of exchange, offsetted the policy function.Monetary policy and the rate of exchange policy is the important means of keep the banlance of the inside and outside. Under the different rate of exchange system, their contacting mechanisms and the conflict mechanism exist difference. Nowadays, in the choice of the rate of exchange system, the management floating rate of exchange system is adopted by more nations and our country also make the rate of exchange system reform as the target. Therefore, it has the stronger policy meaning which the text research contains floating rate of exchange system of management mechanism of monetary policy and the rate of exchange policy conflict. On this...