Traditional Culture Encyclopedia - Traditional stories - What is the reason and function of RMB currency stability?
What is the reason and function of RMB currency stability?
The main reason is that foreign exchange reserves have two functions. First, controlling inflation means stabilizing domestic purchasing power. Second, maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level requires relative external stability. We implement a prudent monetary policy with the goal of maintaining monetary stability. Maintaining monetary stability can promote economic growth. Once the currency is stable, the macro economy can grow steadily.
- Related articles
- Why was the status of ancient women so low?
- What is the best treatment for adult hernia?
- What customs and habits were handed down from the Song Dynasty?
- How about Jiangsu Guo Xin Minmetals Logistics Co., Ltd.
- Handwritten newspaper inherits the martyr's legacy and promotes the national spirit.
- Yu Zhaoling is tired of the traditional plot
- China's most New Year's Eve city, what are the elements of New Year's Eve here?
- Responsibilities of the company's propaganda department
- Stories or poems about the cowherd and the weaving maiden
- Is there a value to exporting foreign exchange ticked red lacquerware?