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从“三元悖论”角度看当前人民币汇率制度的选择方向

Currently, some countries ask the exchange rate of Renminbi to appreciate. This paper analyzes the flaw of the system of exchange rate of Renminbi, and renovating importance, from the " Three Factors Conflict" . Only after it becomes efficient and effective, will it let the market decide to appreciate or depreciate. The writer thinks the proper way is the combination of broadening the elasticity and loosening capital control.
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