论文部分内容阅读
一、美元汇率持续攀升美元汇率在1995年年底好转势头的推动下,1996年持续上升走强,兑日元由年初的1:103.92升至12月26日的1:115.08,升幅为10.7%;兑马克从年初的1:1.4372上升到12月4日的1:1.56,升幅为8.5%;兑西方其他货币也呈现不同幅度攀强。促使1996年美元汇率持续上升的主要因素:①三个主要货币国的经济发展差异,促使市场对美元信心增强。②西方主要国家在政策上协同一致,推动美元高位趋强。③西方主要
First, the dollar exchange rate continued to rise The dollar exchange rate in late 1995 driven by the momentum of the year, continued to rise in 1996, against the yen against the yen from 1: 103.92 at the beginning of the year rose to 1: 115.08 on December 26, an increase of 10.7%; against Mark rose 8.5% from 1: 1.4372 at the beginning of the year to 1: 1.56 at December 4, and climbed against the rest of the western currency at various rates. The main factors that contributed to the continued rise of the U.S. dollar in 1996: ① The differences in economic development among the three major monetary countries have prompted the market to gain confidence in the U.S. dollar. ② The major western countries are united in their policies to push the dollar higher. ③ Western main