Risks and Corresponding Protection After RMB joins SDR
LIU Xin-qi;Dongbei University of Finance & Economics;
The paper is based on the background of RMB's participation in SDR to analyze the short-term capital flow and luctuations in exchange. Meanwhile,it uses event method to study the impact of exchange fluctuations of RMB after joining the SDR. The result shows that joining the SDR has a long-term and obvious impact on exchange rate. With the deepening of internationalization of RMB,the volatility of the exchange rate will be more distinct and the capital flows will be more frequent. Therefore,we should continue to complete the exchange rate system,lead the expectation management and strengthen the flexibility of macro regulation. Besides,we should also prevent risks in time and enhance international cooperation so as to promote the process of nationalization of RMB.
【CateGory Index】： F832.6