Opening Ifnancial Condition, Policy Of Interest Rate And Exchange Rate Coordination Mechanism Reseach

in the financial condition of opening, interest rate and exchange rate as one countryimportant market regulation means, strengthen the connection between, interest rate changesin the exchange rate, has certain influence, corresponding, the exchange rate changes tointerest rates also has the function, but because of the complexity of the market andinternational factors and changeful, one country in the use of interest rate policy andexchange rate policy, often can have the conflict, both can't coordinate common to restoremarket the internal and external equilibrium, analyses the interest rate and exchange ratesystem now, interest rate policy and exchange rate policy Linkage between is not strong, thelack of effective interaction, and sometimes even is the contradictions and conflicts,investigate its root causes, have the following: one is China's market-oriented interest ratereform although made some achievements, but the degree of marketization still is not strong;2it is the formation mechanism of exchange rate of cure, three is domestic economic structureis distorted, and capital flow to be interest groups have to most people the appeals of thereaction.This paper mainly use of interest rate parity theory, exchange rate overshoot model andmundell-fleming model to analyze the interest rate and exchange rate of the basic factors ofconduct each. And use of measuring economic theory to2008to2011years of interest rateand exchange rate of the latest data investigation, that Chinese interest rate policy andexchange rate policy in the process of implementing still full of contradictions and conflicts,and analyses the reasons and puts forward the improvement this conflicts of measures.