RMB’s basket one week offshore exchange rate fluctuation — people’s network Jiangsu window – People-beef怎么读�

The RMB "into the basket for a week now offshore exchange rate volatility: people.com.cn Jiangsu window — people.com.cn original title: RMB" into the basket for a week now offshore exchange rate fluctuations experts believe, need not worry too in October 1st to short-term fluctuations in the exchange rate of RMB, officially joined the SDR (SDR), the market generally expected RMB exchange rate will rise steadily. However, due to risk aversion by external market volatility, exchange rate of RMB offshore market appeared relatively large fluctuations, since October 6th, after the offshore RMB exchange rate fell below the 6.7 mark in October 7th, offshore RMB exchange rate to follow the "flash crash" in the morning of a pound fell to 6.7182, hit a 9 month low. Chief researcher Chinese bank Zong Liang on the "Securities Daily" reporters, influenced by the British and European events, the pound against the dollar in China during the National Day holiday, the emergence of large fluctuations, thereby affecting the market expectations of RMB exchange rate, at the same time, the latest U.S. services PMI hit a new high this year, increase during Fed rate hike expectations, the dollar exchange rate index rebounded, but in fact, short-term fluctuations in the RMB exchange rate is normal. Especially in the context of global low interest rates, the orderly appreciation or depreciation of the RMB exchange rate is very important for China to maintain the competitiveness of the currency. Therefore, the market is not too worried about the short-term fluctuations of the exchange rate. With the RMB formally entering the SDR, and gradually recognized by the central banks in the process, the RMB exchange rate will become more stable, even appreciated. In addition to the pound volatility factors, macro economic center director, Suning Financial Research Institute senior researcher Huang Zhilong told the "Securities Daily" the reporter said, some confidence in international capital for RMB is still not stable, the overall size of the capital, but because of the offshore market transaction size, transaction volume can rarely leads to violent rmb. The devaluation of RMB within one week after entering SDR belongs to the normal fluctuation range of the market. After the formal accession to the SDR, the central bank’s tolerance to RMB exchange rate fluctuations will increase, and the necessity of intervention in foreign exchange will become smaller and smaller. Accordingly, the fluctuation range of RMB exchange rate may increase." Huang Zhilong said, it is undeniable that the RMB exchange rate largely depends on the Fed’s interest rate policy, once the Fed as Yellen said before the end of the year to complete interest rate hike before the RMB exchange rate, there may be some downward pressure, but the central bank should also have solutions, can be expected in this mark control market. (Fu Suying) (commissioning editor Huang Zhuyan and Zhang Xin)

人民币“入篮”一周离岸汇率现波动–人民网江苏视窗–人民网 原标题:人民币“入篮”一周离岸汇率现波动   专家认为,对汇率的短期波动无须过于担忧   10月1日,人民币正式加入特别提款权(SDR),市场普遍预期人民币汇率将稳步升值。然而,由于受外围市场波动导致避险情绪升温,离岸市场人民币汇率出现了较大幅度的波动,继10月6日,离岸人民币汇率跌破6.7关口之后,10月7日,离岸人民币汇率跟随“闪崩”的英镑在早盘一度跌至6.7182,创下9个月以来新低。   中国银行首席研究员宗良对《证券日报》记者表示,由于受“英国脱欧”事件的影响,英镑对美元在我国国庆长假期间出现了较大波动,进而影响到市场对人民币汇率的预期,同时,最新公布的美国服务业PMI创下年内新高,增加了美联储年内加息的预期,令美元汇率指数反弹,但实际上,人民币汇率短期波动实属正常。尤其是在全球低利率的背景之下,人民币汇率有序的升值或者贬值,对我国保持货币的竞争力十分重要,因此,市场对汇率的短期波动无须过于担忧。而随着人民币正式加入SDR,并在这一过程中逐步获得各国央行的认可,人民币汇率将更加趋于稳定,甚至有所升值。   除了英镑波动因素之外,苏宁金融研究院宏观经济中心主任、高级研究员黄志龙对《证券日报》记者表示,一些国际资本对于人民币的信心仍然不稳,这些资本的总体规模不大,但由于离岸市场交易规模较小,很少的交易量即可导致人民币激烈动荡。人民币加入SDR后一周内的小幅贬值,属于正常的市场波动范围内。   “正式加入SDR之后,央行对人民币汇率波动的容忍度将加大,对外汇进行干预的必要性将越来越小,相应地,人民币汇率波动的区间可能会加大。”黄志龙表示,不可否认的是,人民币汇率很大程度上还主要取决于美联储的加息政策,一旦美联储如耶伦所说在年底前完成加息,在加息前人民币汇率可能会有一定的贬值压力,但央行应该也有应对方案,也会在这一关口管控市场预期。(傅苏颖) (责编:黄竹岩、张鑫)相关的主题文章: