• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Currency Observation: The Current RMB Devaluation Market Will End.

    2014/3/25 22:44:00 20

    RMBDepreciationExchange Rate Quotation

    Last week, the spot exchange rate dropped 1.2%, setting the biggest weekly decline since 2005. The most direct reason is related to the recent decision by the central bank to increase the volatility of the RMB exchange rate.


    The central bank has intervened in the market since the end of 2. It is said that it has bought $25 billion, resulting in a 2.8% decline in the yuan against the US dollar this year, almost all the gains of last year. The RMB exchange rate has been rising steadily over the past ten years, but now it has entered a rare stage of weak trend.


       Central Bank The intervention is to adapt to the current economic situation in China, for example. China's economy The slowdown, the continuous narrowing of China's export growth and the easing of the US dollar withdrawal are also aimed at combating the large amount of speculative capital on the unilateral appreciation of the renminbi, so as to promote the marketization of the RMB exchange rate in a more favorable environment. At the same time, it also means creating conditions for China's foreign trade export.


    In the past month, not only the US dollar financial products were 2 percentage points higher than the renminbi financial gain. What is more serious is that the RMB has fallen below the critical point of 6.2 yuan against the US dollar, which may trigger. Investment products An additional margin account may lead to a more unstable RMB exchange rate. These investment products were sold at the US dollar exchange rate below RMB 6.2 yuan, when the market generally expected that the renminbi would maintain its unilateral appreciation. Most of the structural products that buy these problems are Chinese exporters, hoping to hedge against the exchange rate risks faced by US dollar earnings. In other words, many export enterprises have to participate in speculative speculation in the unilateral appreciation of the RMB exchange rate during the difficult period of export business.


    Deutsche Bank and Morgan Stanley estimated that at least $350 billion TRF has been sold since last year. TRF similar option contracts are designed to hedge exchange rate risk. If the US dollar remains above the strike price, the holder can gain additional profits from commercial hedging. Now that the RMB has continued to depreciate, most of the hedge funds have gained huge profits in the unilateral appreciation since 2005. It has been estimated that the loss of the product has risen to $3 billion over the past week.


    The purpose of the central bank's attack on international speculative capital to bet on the unilateral appreciation of the renminbi can basically be achieved, and the environment that is more conducive to promoting the marketization of the RMB exchange rate is relatively formed. Continuing to depreciate is not only good for me, but may cause international pressure. On Saturday, Yi Gang, vice president and foreign exchange bureau of the central bank, said that the exchange rate will be determined by the market from an increasing degree, and that the central bank's intervention in the market will gradually weaken. Combined with last Friday and yesterday's RMB exchange rate market outlook, this round of depreciation of the renminbi market will be over.


    What will happen to the RMB exchange rate in the future? Although some people think that the RMB will continue to depreciate, I think the basic trend of RMB will appreciate in the future. Therefore, the basic trend of long-term appreciation of RMB remains. The central bank will expand the fluctuation range of the RMB exchange rate. In the future, the trend of the RMB exchange rate is likely to be a steady appreciation under the market decision, without significant depreciation or substantial appreciation.

    • Related reading

    Liu Shijin Talks About The New Normal Of China'S Economic Growth

    Macro economy
    |
    2014/3/25 8:29:00
    16

    Exchange Rate Marketization Is A Long Way To Go, Monetary Policy Or Adjustment.

    Macro economy
    |
    2014/3/24 21:53:00
    34

    Amazon Dangdang Responded To CCTV Report: It Has Returned The Refund And Closed The Store To The Seller.

    Macro economy
    |
    2014/3/21 12:53:00
    17

    There Is No Evidence To Monitor Children'S Masks.

    Macro economy
    |
    2014/3/21 10:38:00
    58

    RMB Softening In The Long Run Will Appreciate Slightly In The Long Run

    Macro economy
    |
    2014/3/20 22:11:00
    23
    Read the next article

    US Federal Trade Commission Revised Textile Labeling Rules

    The US Federal Trade Commission (FTC) has made a final revision of its textile labeling rules, requiring that the general name and percentage of textiles, the names of producers or sellers and producers or processing countries should be clearly marked on some textile labels sold in the United States. Next, let's take a look at the details.

    主站蜘蛛池模板: 九九影视理伦片| 91av电影在线观看| 欧美三级韩国三级日本三斤| 国产免费久久久久久无码| 一级黄色在线播放| 欧美成人另类人妖| 国产久热精品无码激情| 99国产精品久久| 日韩欧国产精品一区综合无码| 免费高清电影在线观看| 亚洲色图欧美激情| 成人欧美一区二区三区黑人3p| 亚洲成色在线综合网站| 老师您的兔子好软水好多动漫视频| 在线免费视频a| 久久久久久久综合日本| 欧美视频在线免费| 国产一级毛片视频| 99在线视频免费观看| 日本成a人片在线观看网址| 亚洲精品福利你懂| 菠萝蜜视频在线观看入口| 国产高跟踩踏vk| 中文字幕一区精品| 欧美乱妇高清无乱码免费| 公车上的奶水嗯嗯乱hnp| 免费专区丝袜脚调教视频| 天天操2018| 久久人人爽人人爽人人片AV超碰 | 在线中文字幕一区| 久久久久久久影院| 欧美日韩亚洲国产一区二区综合| 同性女电影三级中文字幕| 五月婷婷伊人网| 天堂成人在线观看| 久久久久人妻一区精品色| 欧美性最猛xxxx在线观看视频 | 一区在线免费观看| 最新国产福利在线观看| 亚洲精品福利你懂| 美女色又黄一级毛片|