摘要
作为国际金融中心,香港为内地的发展提供了举足轻重的金融服务。近年来,我国政府力推人民币国际化,具有完备金融市场的香港成为构建离岸人民币中心、促进人民币国际化进程的排头兵。香港已经建成了规模庞大的离岸人民币市场,这一市场的波动和走势对在岸人民币市场的干扰和影响不可轻视,关乎在岸人民币市场的稳定和国家金融安全。文章分析了在岸人民币市场即期汇率、远期汇率与香港离岸人民币市场即期汇率、远期汇率之间的关系,发现两两之间并不总是存在引导关系。
As an international financial center,Hong Kong has been providing significant financial services for economic development of the Mainland. In recent years,Chinese government has been actively promoting the inter-nationalization of RMB. Hong Kong has a complete financial market and it becomes the vanguard in the process of the construction of offshore RMB center. Hong Kong has built a large - scale offshore RMB market,which means that its interference and influence to onshore RMB market should not be underestimated. In other words,Hong Kong offshore RMB market is related to the stability of onshore RMB market and national financial security. This paper analyzes the relationship between the spot（forward）rates in onshore RMB market and spot（forward）rates in Hong Kong offshore RMB market,we find that there is not always a correlation between any two of them.
出处
《金融教育研究》
2014年第4期8-14,共7页
Research of Finance and Education
关键词
离岸市场
在岸市场
人民币国际化
offshore market
onshore market
the internationalization of RMB
