Advantages and Disadvantages of Continued Growth in Foreign Exchange Reserves

Financial Statistical Journal

View Publication Info
 
 
Field Value
 
Title Advantages and Disadvantages of Continued Growth in Foreign Exchange Reserves
 
Creator Du, Shu
Lin, Xuemei
Han, Xiangwen
 
Subject
 
Description Foreign exchange reserves are essential for an open economy. It is an important guarantee to make up for the balance of payments deficit, to intervene in the foreign exchange market, to maintain the exchange rate of the local currency, to repay the external debt and to maintain public confidence. However, the foreign exchange reserves are not as good as possible. China's foreign exchange reserves continued to grow and the high scale of concern, on the high foreign exchange reserves and inflation, the appreciation of the renminbi pressure, holding costs of more research. This paper first introduces the concept of foreign exchange reserves, and analyzes the root causes of the growth of China's foreign exchange reserves. Combined with previous research results to explore China's foreign exchange reserves continued to grow on the positive and negative effects of the economy.
 
Publisher EnPress Publisher LLC
 
Contributor
 
Date 2018-02-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://systems.enpress-publisher.com/index.php/FSJ/article/view/352
10.24294/fsj.v1i1.352
 
Source Financial Statistical Journal; Vol 1, No 1 (Published)
2578-1960
10.24294/fsj.v1i1
 
Language eng
 
Relation https://systems.enpress-publisher.com/index.php/FSJ/article/view/352/279
 
Rights Copyright (c) 2018 Financial Statistical Journal
 

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