Nhóm A+ - dh28nh04
Tài chính quốc tế


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 !
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"#$%& !
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'( ) !
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*+,-!.#/
1. Khái niệm tỷ giá hối đoái
 
"$#/012/3- !
/4!
1.1 Khái niệm
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5+/3-!6 %'/ !12 )789:;
<=/3- ) >5-?!,@ )<-
AB=C"DDDD<=
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/E(FG0H!"///GI?-G

)J K,#9)JL
<=AB=9<="DDDD

)JL9)J K,#
<=<="DDDD9AB=
1.2 Giá trị cân bằng của Tỷ giá hối đoái
-MGJ


eG.%@ E/012]/MG\/GQ\N$6.%f-AB=
Q/012?V1e 7,+ 6 %'//012>gG--!.#/$[:!$HW
QGd[7deGF%Z YE e/0125+TÍNH THANH
KHOẢN CỦA ĐỒNG TiỀN
-L-Y!F/3- )J$[#$%&!6AB=]hG$!]i
)J/OL-Y!FT(<=]j-
- 7 )J/OL-/-!?VL6d,@?kWGT/3-5%'G--d1
K5^5!6J O,@gGd>5@%i )J/OL-Y!FT(?V
/#GF%Z$T5@YWGTgGd>-!.#/5@
1.3 Tỷ giá chéo
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$#/3- )1FlL12 >5-X8 m$[/
7/3-%&<-]O %'/n5+/4!(UG7/,+!/MG
/3-%&X e1Fl,+/G1Flf%@/l
<=lC*DDDD<=9hG$!]jC"DDDD<=9AB=
Q\$#/3- )1FlL12 >5-XBCl9jC
"AB=9hG$!0d5+/4!$!Y mZ/ 7
<-
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eGl,+j_8F;7m/%-GQ\/4!BY> c8/3-
)1Fl,+AB=%-G
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eGl_7m/5@KjQ\/4!B_8/3- )1Fl/O
KAB=;
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eGl_7m/oKjQ\/4!BF8/3- )1Fl1#
F?!,@AB=;
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eGl_8F;$!YjY> cQ\/4!B_8F;12m/

%Y>0d(5k/5[56(]Y>F%Z e/>/ JG+

Chính sách của NHTW
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Thứ nhất,,J/e 7<@/e 7Fc/O?k JGe/3-+%@/
H!/K/e+d]++d0++%@/8;/>1-!.#/
1NgG0$[#$%&5[0++d>$%@/5+/K?Z E//0
+%K68;W/ #-!.#/$!+dW!-dgG-1[ 7
.!/>1$!f&Yv
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Thứ hai,,J JG+/L?/L?/5+7$!i
/L?/Ye/O/ 7•/ Id_$%ZYe>gG-_YF
_/6$-/3-+O-?FWGT$!%@/]}$'WGTYIGQ7/TG
+gG-$n/3-_$%ZYeGd[]/K/e$GdJ.‚/3-/L
?// 7%'//JGi-//=WGTYIG,+=ƒ(YIG$%&
'(_?V/OL//k/ ,@__5k//6$-/!=WGTYIG.!
5'e/6$-,J,+1F!7y+[G.z?FWGT$!%@/N
%'/565+_/(L ,@//=(Fƒ(YIG//deG MG,+!/!
!6 7?FWGTY.!-ƒ/L]0d1T5'/!-d/F//=WGT
YIGeG//=+d(Fƒ(YIG//Gd[,ƒ5G?FWGT/!+WGT
YIG/3-N

Tài liệu tham khảo
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N56 JG+- !6"DQ"D]Gd„]
(991-!.HG/(G,9QH9Q5-Q.HGQ-QdQ-Q-Q.!-Q"D"D
9…*†‡,(
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L?/ ,@($EYe<--d]BGd{
P%K]