exchange intervention 中文意思是什麼

exchange intervention 解釋
外匯干預
  • exchange : vt 1 (以某物與另一物)交換,調換 (for) 2 互換,交流,交易。3 兌換。 vi 1 兌換 (for) 2 交換;...
  • intervention : n. 1. 插進,介入。2. 調解,排解。3. 干涉,干預,妨礙。
  1. Then, the only mechanisms for dealing with the substantial inflow of funds into the hong kong dollar were exchange market intervention and the threat of negative interest rates

    當時若有大量資金流入港元,應付方法就只有干預匯市及實施負利率。
  2. Marking all financial assets to market, which is the proper accounting approach for fund management, we achieved an investment return in 2003 of hk 89. 6 billion. in terms of the actual amount, this is the third highest return in the history of the exchange fund, though it is understandably behind 1998 and 1999, when investment return was boosted by book profits from the stock market intervention

    若依照基金管理的會計方法對所有金融資產進行市值評估,外匯基金在2003年的投資回報額是896億港元,這是外匯基金歷來錄得的第三高回報,不過當然比不上1998及1999年的成績,因為股票市場入市行動錄得的帳面溢利大大推高了這兩個年度的回報額。
  3. Non - sterilised foreign exchange market intervention involves the hkma buying or selling us dollars and, in settlement, injecting or withdrawing the corresponding hong kong dollar amounts into or from the aggregate balance. capital inflow has, therefore, led to our interest rates falling quickly and the appearance of a substantial discount on our interest rates below those for the us dollar

    在這個制度下,我們必須按接近聯系匯率的匯率水平來進行不沖銷的外匯買賣,即金管局買入或沽出美元,並於交收時對總結餘注入或從總結餘提取相應的港元款額。
  4. The empirical studies of japanese central bank intervention in the foreign exchange market

    日本央行干預外匯市場的實證研究
  5. In order to preserve the capital and to meet foreign exchange requirements for market intervention purposes, the exchange fund maintains very high liquidity and restricts its investments to a mix of liquid securities of the highest credit quality

    外匯基金為了保障資本以及滿足進行市場干預所需的外匯需求,必須保持極高的流動性,並將投資限制在獲得最高信貸評級而且流通量高的短期證券的范圍內。
  6. In our country, the cause of bid and tender is standing in the primary development stage, there are many problems and difficulties which show in the aspects such as money - right exchange, administrative intervention and unfair competition. the reason is not only from the historical and realistic conditions but also defection of current tender system

    我國的招投標事業正處在初步發展階段,還存在許多問題和困難,主要表現為權錢交易、行政干預和不公平競爭方面,產生的原因即有歷史的也有現實的,也有現行招標體系的缺陷造成的。
  7. The article starts the discussion from the " object of the intervention to the exchange rate ", and points out the object of " stabilizing exchange rate only " is unilateral

    本文從討論外匯干預的目標入手,指出單純「穩定匯率」的外匯干預目標的片面性,分析、評價了我國1994年以來央行外匯市場干預實踐中使用的干預方式及效果。
  8. Forward exchange intervention

    期貨外匯干預
  9. China holds far more foreign exchange reserves than it needs, based on orthodox considerations such as transaction requirements to cover imports, liquidity needs to cover short - term external debt payments, or preparedness for intervention to stabilize exchange markets

    出於滿足支付進口交易、支付短期外債、應對外來干預以穩定外匯市場等傳統的考慮,中國所持有的外匯儲備遠遠超過需要。
  10. Main ideas and structure after introduction of some important issues related to sterilized intervention, such as the definition, the reasons, the target of intervention and its relation to the independence of the central bank in chapter 1, the paper researches the effectiveness of the portfolio balance channel on theory in chapter 2. after comparing the classical exchange rate models with portfolio balance model, i find non - sterilized intervention is effective under both models, but sterilized intervention is effective only under the latter, given that the uncovered interest parity ( ucirp ) does not

    資產組合平衡渠道假定本外幣資產是不完全替代的,即無拋補利率平價不成立,央行通過影響投資者資產組合中不同貨幣標價的資產的相對供給量來影響匯率,沖銷干預有效;在預期渠道下,央行通過影響市場參與者對央行干預量的預期,影響其決策和行為,從而影響匯率。
  11. " efil was given the task of disposing of the majority of the hong kong equities acquired by the exchange fund during the market intervention of august 1998

    任志剛先生說:投資公司負責出售外匯基金于年月市場行動中買入的大部分香港股票。
  12. Objective and background this paper deals with the effectiveness of the two channels in sterilized intervention : portfolio balance channel and expectation channel, analyzes their effectiveness in case of china, and deducts policies which should be taken to improve the effectiveness of the sterilized intervention in china. foreign exchange intervention is critical for foreign exchange rate policy. it aims to counteract the shock to the foreign exchange rate, and bring it to the reasonable place determined by the fundamental variables when the actual exchange rate is far away from the equilibrium point

    一、研究目的和背景本文將從理論上考察沖銷干預的兩種渠道? ?資產組合平衡渠道和預期渠道的有效性,並結合中國的沖銷干預實踐,分析這兩種渠道在中國外匯沖銷干預的有效性和在未來的可持續運用空間,最後得出提高沖銷干預有效性,實現匯率穩定和貨幣政策不受匯率政策干擾雙重目標,並盡量避免沖銷干預給經濟帶來負面影響的政策建議。
  13. Analysis of exchange rate target zone in foreign exchange intervention

    匯率目標區在外匯干預中的作用分析
  14. On the base of above all, the article puts the exchange intervene to the whole of internal and external economic balance to discuss the harmony between exchange rate policy and internal monetary and financial policy, and makes the conclusion that our central bank should widen the range of exchange rate waving, loose the exchange control generally, devalue the rmb to cooperate the internal monetary and financial policy. as to external economy, the author thinks our central bank should enhance the cooperation with the international economy, and describes the relationship between the exchange intervention and our country ' s join in wto. the relationship between the exchange intervention and the opening of our country ' s capital item

    在此基礎上,文章將央行外匯干預置於一國經濟內外均衡的統一整體中,討論了央行外匯干預的匯率政策與國內貨幣、財政政策之間的協調,指出我國應放寬匯率波動區域、逐步放鬆外匯管制,適時進行本幣貶值以配合擴張的財政政策和適度寬松的貨幣政策解決我國目前的經濟問題;對外,文章指出央行干預外匯應加強與國際經濟的合作,並討論了外匯干預和我國加入wto及資本項目開放的關系。
  15. It will track indicators such as heavy foreign - exchange intervention and “ fundamental exchange rate misalignment ” in order to identify countries that are unfairly manipulating their currencies

    它將追蹤如「嚴重的外匯干預」和「基本面匯率偏差」這樣的指數,以此來確認那些不正當操縱自己貨幣的國家。
  16. Effectiveness analysis on china ' s foreign exchange intervention channel

    我國外匯干預機制有效性探討
  17. The amount of outflow can be measured by the extent of foreign exchange intervention conducted by the hkma and, considering the structure of our monetary system, should be quite small

    資金外流數量可依據金管局在匯市操作的交易額來衡量,而鑒于香港貨幣體系本身的結構,外流數量應該不會大。
  18. Adherence to currency board arrangements requires us to engage in " non - sterilised foreign exchange intervention " to keep the exchange rate stable and let the aggregate balance and interbank interest rates fluctuate

    貨幣發行局制度要求我們作不沖銷的外匯買賣來保持匯率穩定,讓總結餘與銀行同業拆息隨市場力量波動。
  19. I cannot imagine any of those in the region having the responsibility either for managing foreign reserves or for sterilising foreign exchange intervention being happy with the ever increasing volumes that have to be dealt with

    我無法想像區內負責管理外匯儲備或沖銷外匯干預的影響的任何有關機構會樂于見到需要它們處理的款額不斷增長。
  20. However, short - term capital flows, specifically into or out of the aggregate balance, given that we have to conduct non - sterilised foreign exchange intervention at levels bounded by the two - way cu, create interest rate volatility

    當然,在我們在雙向兌換保證范圍內進行非沖銷的外匯干預的情況下,短期的資金流向,特別是流入或流出總結餘的資金流向會引致利率波動。
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