Since 1994 , china has established unitary floating foreign exchange system of rmb basing on demand and supply in market , and in 1996 , china achieved the convertibility of rmb in current account 从1994年起，我国建立起了以市场供求为基础的单一的人民币浮动汇率体制，并于1996年实现了人民币经常项目下的可兑换。
In the preface of this paper , it describes the background under which the problems were produced , the current situation with opening the capital account and some problems that will be met in the future 这表明我国资本项目可兑换将按着决策层定好的框架有条不紊的进行,但在进一步开放过程中肯定还会遇到很多问题。
With every bonus point you earn with shkp club visa card , you can redeem the following cash rebate on management fee and cash coupons from shkp group participating subsidiaries and malls : valid until 29 凭新地会visa卡签账所获之奖分，可兑换管理费现金回赠及以下新地旗下参与公司及商场现金券：有效日期至2008年2月29日止
One , the restoration of a multilateral system of payments , based on world wide convertibility of currencie two , stability of exchange rate and three , national independence in monetary and fiscal policies 国基组织的三个主要目标是：在全球范围货币可兑换的基础上重建多边付款秩序；稳定汇率；各国自主确定货币和财政政策。
As an important component part of foreign exchange management , authenticity management of current account has a close connection with rmb convertibility and reform of exchange rate forming mechanism 摘要经常项目外汇真实性管理作为我国外汇管理重要组成部分，与人民币逐步可兑换和当前我国汇率形成机制改革有着密切的联系。
In order to share the income of the financial globalization more , rmb has started to the course of capital account opening transition since it realized current account exchangeable in december 1 , 1996 为了更多地分享金融全球化的收益,我国人民币在1996年12月1日实现经常项目可兑换后,己经开始了向资本项目开放过渡的进程。
One , the restoration of a multilateral system of payments , based on world wide convertibility of currencies ; two , stability of exchange rates ; and three , national independence in monetary and fiscal policies 国基组织的三个主要目标是：在全球范围货币可兑换的基础上重建多边付款秩序；稳定汇率；各国自主确定货币和财政政策。
Our linked exchange rate system makes this particularly important because it is characterised by a firm commitment on the part of the hkma to convert all hong kong dollars within the clearly defined monetary base into us dollars 这一点对联系汇率制度尤为重要，因为在联系汇率制度下，金管局坚决保证货币基础内所有港元可兑换为美元。
