Problems and Solutions of Sterilized Intervention in Foreign Exchange in China

Is the sterilized intervention in China effective? And could it be durative in new open econ.

A Research on China s Sterilized Intervention in the Foreign Exchange Market;

This paper studies whether daily intervention operations are related to changes in expectations for the stance of future monetary policy and investigates the effectiveness of the central bank sterilized intervention in the foreign exchange market.

The paper mainly analyzes monetary control and sterilized intervention measures of the PBC based on the balance sheet of the central bank.

Analysis of Exchange Rate Target Zone in Foreign Exchange Intervention;

Discussion of Foreign Exchange Intervention——Discussing its Applicability to China at the Same Time;

Therefore, it needs to intensify the reform of state-owned commercial banks, gradually relax the foreign exchange controls, improve the central bank s foreign exchange intervention mechanism and promote fair competition in the banking.

The Research on the Effectiveness of Foreign Exchange Intervention by China s Central Bank;

Generally there are two kinds of transmission of exchange intervention under the condition of free capitalmovement.

The main problem of the intervention to foreign exchange market is whether charge against intervention and non-charge against intervention can affect exchange rate.