What are the financial policies?

Financial policy refers to various policies and measures adopted by the central bank to achieve macro-control objectives, adjust the level of money, interest rates and exchange rates, and then affect the macro-economy.

Generally speaking, a country's macro-financial policy mainly includes three major policies: monetary policy, interest rate policy and exchange rate policy. 1, monetary policy. Monetary policy is the policy and strategy of the central bank to adjust the total demand for money. The traditional monetary policy tools of the central bank include statutory reserve, discount rate and open market business. Its policy is generally to stabilize the money supply and financial order, so as to achieve economic growth, price stability, full employment and balance of payments.

2. Interest rate policy. Interest rate policy is a means for the central bank to regulate the circulation of social funds. Reasonable deposit interest rate policy is conducive to banks operating deposit and loan business to absorb savings deposits and gather social funds; It can adjust the flow and direction of social capital to a certain extent, thus leading to changes in product structure, industrial structure and even the whole economic structure; It can be used to encourage and restrain the financing behavior of enterprises, promote the reasonable financing of enterprises and improve the efficiency of capital use.

3. Exchange rate policy. A country's exchange rate policy has an important influence on international trade and international capital flow. Multinational companies, foreign-invested enterprises and other enterprises engaged in import and export business must master the exchange rate policy and make effective use of it in international sauce financing activities.