过去十年中 ,国际金融市场急速发展 ,在规模持续扩张的同时 ,国际化进程不断加快。国际外汇市场率先实现单一市场形态的运作 ,其显著标志是全球外汇市场价格的日益单一化 ,主要货币的交叉汇率与直接兑换的汇率差距明显缩小。在资本市场 ,资金大范围地跨国界自由流动 ,各类债券 In the past ten years, the international financial market has been developing rapidly. As the scale continues to expand, the process of internationalization has been accelerating. The international currency market took the lead in realizing the operation of a single market. Its notable sign is that the global foreign exchange market is becoming more and more monotonous in price. The exchange rate gap between the cross currency of the major currencies and that of direct exchange has obviously narrowed. In capital markets, funds flow freely across borders and across a broad range of bonds