The author stresses to state the advantages and disadvantages of the relation exchange rate and puts forward the basic idea of improving the relation exchange rate on the basis of introducing the basic condition of the relation exchange rate in HongKong. 在介绍香港联系汇率制度基本情况的基础上,重点阐述了联系汇率制度的优点和缺点,并给出了改进联系汇率制度问题的基本设想。
On the theory part, this paper first introduces the basic theory of exchange rate determination, then introduces the general transmission mechanism of exchange rate fluctuations on the stock market, and discusses in detail the actual situation of the transmission mechanism in China market. 理论方面,本文首先介绍了汇率决定的基础理论,然后介绍了汇率波动对股票市场影响的一般传导机制,并且详细论述了传导机制在我国市场的实际情况。