The Research On Coupling Effects Of China's Stock Market And Foreign Exchange Market

Since the reform and opening up,China's financial market has developed rapidly.The mutual influence between foreign exchange market and stock market has been a very important issue.China's stock market and foreign exchange markets are financial markets that absorb huge amounts of money,and their development is related to national plans,both of which can be seen as a typical example of the development of financial markets since China's reform and opening up.The study of the internal linkage between the stock market and the foreign exchange market will help the regulators to guard against financial risks,understand the development of the stock market and the foreign exchange market and the convenience of its capital flow.It provides a reference for the reform of China's financial market system and provides important practical significance.The results of empirical analysis show that the traffic-oriented model is applicable to China's current capital market and foreign exchange market.It also shows that China's international capital flows are more open than before,under the background of China's economic development and internationalization of RMB,but openness and openness of the way still need to constantly improve.