运用汇率政策是每个国家的主权, 日韩等国曾通过运用本币大幅贬值等政策而高速进入工业国和发达经济, 但是, 经济全球化趋势又要求国际社会对汇率政策进行协调, 以维护世界经济的稳定和国际贸易的发展。日本发起人民币升值的舆论表明, 汇率政策的国际协调要求已从针对发达国家扩展到针对发展中国家, 这是汇率政策国际协调的转折点。因此, 现有的汇率政策的国际协调体系已暴露出极大的局限性, 要求有新的国际规则的诞生。汇率政策国际协调体系改革的总趋势是建立在平等基础上形成的世界性汇率协调组织和总协定。

Each country has its sovereignty to apply the exchange rate policy, which is widely used to adjust macro economy nowadays. In Japan and Korea, their governments had made their national currencies depreciated greatly so as to develop their economy at a high speed. The tendency of economic globalization, however, requires the international society to coordinate the exchange rate policy in order to stabilize world economy and promote international trade. The public opinion in favor of an appreciation of RMB indicates that the international coordination has extended from developed to developing countries. This is an important turning point. The existing coordination system of the international exchange rate policy has revealed its own limitations, and new international rules are required. The main trend of the international exchange rate policy is to set up an international organization and a general agreement for the exchange rate policy on the basis of equality.