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《Journal of Nanjing University of Finance and Economics》 2005-02
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An Analysis on the Reasonable Volume of China's Foreign Exchange Reserve

CHEN Rongan1, CHEN Yun2 (1. School of Finance,Nanjing University of Finance and Economics,Nanjing 210003,China; 2. Jiangxi Ji'an Road and Bridge Co.ltd, Ji'an 343000, China)  
Since 1994,because of our country's fast economic development and openness to the outside,the volume of foreign exchange reserve of our country has been increased dramatically.With the increase of our foreign exchange reserve,the non-positive effect caused by over volume of the foreign exchange reserve has been felt by us.Particularly,RMB is facing great pressure of appreciation.So We should change our traditional opinions on foreign exchange reserve and receive the opinion of reasonable volume of foreign exchange reserve.
【CateGory Index】: F832.6
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