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汇率浮动意味着中国的宏观经济政策体系进入了一个新的层次。在汇率开始浮动后不久,管理层又迅速推出了以汇率浮动为基础的两种交易工具:远期结售汇业务和本外币掉期交易,这本质上是以汇率为基础证券的衍生金融工具。从这个意义上说,汇率浮动不仅仅是一个汇率政策的调整,同时又是把汇率变
Exchange rate fluctuations mean that China’s macroeconomic policy system has entered a new level. Shortly after the exchange rate began to fluctuate, management promptly introduced two trading instruments based on exchange rate fluctuations: forward foreign exchange sales and foreign currency swap transactions, which are essentially derivative financial instruments based on exchange rate-based securities . In this sense, the floating of the exchange rate is not only an adjustment of the exchange rate policy, but at the same time,