What rebateforexindonesia the Forex rebate for you highestrebateforex Forexrebateforyou policy Exchange rate adjustment policy is to adjust the im cashback forex of the balance of payments by changing the supply getforexrebate demand of foreign exchange, and through the change in the price of imported and exported goods, the change in the real return (or cost) of capital financing, etc. When the balance of payments is in deficit, the currency depreciation, when the balance of payments is in surplus, the currency appreciation The content of the exchange rate adjustment policy Exchange rate adjustment policy Compared with fiscal policy and monetary policy, the adjustment of the balance of payments is more direct and rapid in the current account, capital account and reserve account because the exchange rate is the measure of currency exchange and economic trade between countries, and the "sensitivity coefficient" of trade and capital transactions with the balance of payments is larger. At the same time, exchange rate adjustment can also bring various side effects to a countrys economic development, for example, devaluation tends to bring inflationary pressure to a country, thus falling into the vicious circle of "devaluation → inflation → devaluation" It may also lead to retaliatory measures by other countries, which is detrimental to the development of international relations, etc. Therefore, generally only At the same time, the exchange rate adjustment policy may not necessarily have an immediate effect on the adjustment of the balance of payments imbalance, because its adjustment effect also depends on real economic and non-economic factors: first, the adjustment of trade balance by exchange rate changes is affected by the price elasticity and time lag of import and export commodities, which has been analyzed earlier. Second, the impact of exchange rate changes on the capital balance is not necessarily effective, its impact depends on the foreign exchange market situation if a countrys exchange rate falls caused by the general prediction that the exchange rate will continue to fall, the domestic capital will flee, the capital balance will deteriorate, and the capital export into the main depends on a countrys interest rate policy, financing environment, etc., these can not change with the exchange rate; third The regulation of the balance of payments by exchange rate changes is also subject to the degree of control and intervention of countries in the international economy.
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