The RMB exchange rate rose sharply and then open the window or drop-7470d

The RMB exchange rate rose sharply and then open the RMB exchange rate rose sharply and then open the reporter, editor Sun Zhong stone has the first trading day after the holiday exchange rate of RMB onshore offshore market both strong rise or drop the window or drop the window, "this year to recover lost territory". RMB exchange rate against the U.S. dollar by 0.3%, the highest in November 2nd last year, the largest percentage increase. At the same time, China’s trade surplus released yesterday rose to a record high, indicating that China continues to maintain a large current account surplus, and will also help ease the pressure of capital outflows and devaluation. At this point, the market suggests that the central bank consider lowering the deposit rate, in order to release the accumulated pressure before, to supplement the base currency. Onshore and offshore RMB both rose 15 dollar reported 6.5118, the highest of January 4th, compared with the last trading day before the rise of 196 basis points; 10 points in early morning, the onshore spot rate reported in the vicinity of 6.516, uptrend obviously, to further uplift, the spot exchange rate reported in the vicinity of 6.49. In fact, since February, the central parity of RMB against the U.S. dollar has continued to rise substantially, which has risen by 421 basis points. Especially in the last trading day before the Spring Festival, the average price in February 5th was 6.5314, which was more than 100 yuan over the previous trading day. At the same time, during the Spring Festival, the RMB on the offshore market rose sharply, and laid a good foundation for the first trading day of the festival and the RMB market in the onshore market. In the offshore market, the RMB has risen by about 600 basis points during the Spring Festival holiday. Yesterday, the RMB continued to rise against the U.S. dollar, opened at 6.5038. Then the RMB continues to rise, after midday hovering around 6.49. Traders believe that during the Spring Festival, the Fed chairman speech boost the dollar, and the central bank governor Zhou Xiaochuan recently about the continued depreciation of the yuan does not have the basis "," will not let too speculative forces dominated market sentiment and attitude, is helpful to further uplift the rmb. The short-term easing of devaluation pressure is worth noting that China released the January trade data yesterday, and the overall risk appetite of market risk sentiment has improved. China’s exports in January were 6.6% lower than expected in the year to year, while imports fell by 14.4% in January, due to lower commodity prices. In January, the trade surplus rose to a record high of 406 billion 200 million yuan (equivalent to $63 billion 300 million). Liu Ligang, chief economist at ANZ Greater China, said that China’s trade surplus has risen to a record high, showing that China continues to maintain a large current account surplus, which will also help ease the pressure of capital outflows and devaluation. This is consistent with the previous central bank governor Zhou Xiaochuan’s statement that there is no basis for the continued devaluation of the renminbi and that China does not have the motive to devalue the net exports. Yesterday, the China Foreign Exchange Trading Center announced the 5 CFETS RMB exchange rate index was 99.23, 2014 devaluation compared to the end of 0.77%. In order to facilitate the market from different angles

人民币汇率大幅攀升 降准窗口或再开启   人民币汇率大幅攀升 降准窗口或再开启   ⊙记者 石贝贝 ○编辑 孙忠   节后首个交易日人民币汇率在岸离岸市场双双强势攀升,收复今年“失地”。人民币对美元汇率中间价上调0.3%,创去年11月2日来最大百分比升幅。   同时,昨日公布的中国贸易顺差数据升至历史新高,这显示中国继续保持较大经常账户顺差,也将帮助缓解资本外流以及人民币贬值的压力。在这个时点上,市场建议央行考虑降低存准率,以释放此前累积的压力、补充基础货币。   在岸、离岸人民币双双攀升   15日人民币对美元中间价报6.5118,为1月4日来最高,较节前最后一个交易日攀升196个基点;上午10点,在岸即期汇率早盘报于6.516附近,升势明显,至下午进一步抬升、即期汇率报于6.49附近。   事实上,自2月份以来,人民币对美元汇率中间价持续大幅上行,已经升421个基点。尤其是春节前最后一个交易日,2月5日中间价报6.5314,较上一交易日人民币上行百余点。同时,春节在岸休市期间,离岸市场上人民币的大幅攀升,也为节后首个交易日,在岸市场人民币上行奠定了较好的基础。   离岸市场上,春节休市期间,人民币已经攀升约600个基点。昨日,人民币对美元汇率持续升势,以6.5038开盘。随后人民币不断攀升,午盘后在6.49附近徘徊。   交易员认为,春节期间美联储主席言论助推美元走软,以及央行行长周小川最近有关“人民币不具备持续贬值的基础”、“不会让投机力量过分主导市场情绪”等态度,有助于人民币进一步抬升。   贬值压力短期缓解   值得注意的是,昨日中国发布了1月份贸易数据,市场风险情绪总体风险偏好有所改善。中国1月以人民币计算的出口,出乎市场预料同比下跌6.6%,同时,由于大宗商品价格走低,1月以人民币计算进口同比收缩14.4%。1月贸易顺差上升至4062亿元(相当于633亿美元)的历史新高。   澳新银行大中华区首席经济学家刘利刚表示,中国贸易顺差升至历史新高显示,中国继续保持较大经常账户顺差,这也将帮助缓解资本外流以及人民币贬值的压力。这也与早前央行行长周小川关于“人民币不存在持续贬值的基础”和“中国不存在为扩大净出口而贬值的动机”的表态是一致的。   昨日,中国外汇交易中心公布5日CFETS人民币汇率指数为99.23,较2014年底贬值0.77%。为便于市场从不同角度观察人民币有效汇率的变化情况,中国外汇交易中心参考BIS货币篮子、SDR货币篮子计算了人民币汇率指数,2016年2月5日上述两个指数分别为100.31和97.12,较2014年底分别升值0.31%和贬值2.88%。   周小川行长近日接受媒体采访时,强调了参考一篮子货币的重要性,称这是“我国贸易和投资多地区、多伙伴、多元化的必然选择,过去做得还不够,比较多地看了美元,下一步还要推进对一篮子的倚重。”“在可预见的未来,加大参考一篮子货币的力度,即保持一篮子汇率的基本稳定,是人民币汇率形成机制的主基调。”   春节之后在公开市场到期的资金量在未来三周将达到1.7万亿元,市场人士认为,央行可以选择继续通过短期逆回购的方式来平滑流动性。但在资本流出的大背景下,补充基础货币的压力仍然是存在的。   市场人士认为,近期伴随美元逐步走弱,人民币面临的贬值压力有所释放,同时,央行向市场传递关注一篮子汇率的预期管理也基本得以强化。   从货币政策的角度,此前,考虑到过度宽松的货币政策可能导致人民币贬值压力的增强,央行的短期政策目标转向稳定汇率,并采用大量的短期流动性操作的方式来维持市场对于流动性的需求。   德国商业银行中国经济学家周浩建议,在这个时点上,中国央行应该考虑降低存款准备金率,以释放此前累积的压力,并为未来可能的市场动荡做好准备。 进入【新浪财经股吧】讨论相关的主题文章: