On March 26, foreign currency of China of accredit of Chinese people bank trades the center is announced, valence was among exchange rate of RMB of market of the foreign currency between the bank on March 26, 2020: 1 dollar is right RMB 7.0692 yuan, relatively go up to trade 7.0742 yuan of day go up move 50 base point. This is a RMB to dollar exchange rate intermediate price is increased two days continuously.
That day, chinese Central Bank issued note of Central Bank of RMBs of 10 billion yuan of 6 lunar period successfully in Hong Kong, win the bid interest rate is 2.19% . The Central Bank points out about the personage, below the setting that in money market of near future whole world wave motion increases, this Central Bank bill issued Hong Kong RMB to still get the extensive welcome of the investor outside the condition. The orgnaization investor such as the bank that includes the many countries such as beautiful, Europe, Asia and area, Central Bank, fund and organization of many international banking participate in subscribe eagerly, bid gross exceeds 35 billion yuan, it is 3.5 times of circulation, show RMB asset has stronger appeal to the investor outside the condition, also reflected global investor to value the confidence of Chinese economy.
On March 19, management of lucky silver-colored money invests chief inspector office (the point of view that chief inspector of investment of CIO) Asia-Pacific area and Hu Yifan of presiding China economist reiterate to the RMB is valued inside metaphase. She predicts the dollar is in to the RMB second half of the year will achieve 6.7-6.8 2020.
She thinks, short-term inside, dollar add RMB may fluctuate continuously, but the reason that metaphase values a RMB has 3: Above all, we have confidence China economy to will rebound strong in second half of the year, at the appointed time new coronal epidemic situation has gone probably. The 2nd, delay is put in American economy and during presidential general election draws near, makings of Sino-US business relation will keep friendly. The 3rd, predict beautiful couplet store the policy position that will keep comfortable. Unless core PCE inflation lasts prep above the target of 2% , beautiful couplet store will hold loose policy position, make then of the dollar go up the space suffers be restricted.
On March 22, when Chen Yu shows Central Bank assistant president in the country to handle the question that concerned RMB exchange rate answers on the news briefing newly, express, the RMB predicts to future of dollar exchange rate or in 7 yuan the fluctuation around fluctuates, have demote have litre, continue two-way float.
Old bounty points out, the exchange rate system that our country implements is for foundation, reference with market supply and demand one basket money undertakes modulatory, the floating rate system that has government, the market is formed in exchange rate in have conclusive effect. In recent years, RMB exchange rate has demote have litre, two-way float, be driven by market strength. From will for a long time look, of RMB exchange rate go situation or depend on economy is basic the stability of the face. Prevent as domestic epidemic situation accuse a situation to last to good, still have home answer of go back to work produces answer industry ratio to promote continuously, chinese economy is long-term form to the good stable conference that faces RMB exchange rate basically prop up strongly. Meanwhile, difference of this foreign currency benefit on money market still is in appropriate interval, stabilize amply plus Chinese foreign exchange reserve, these are RMB exchange rate stabilize continuously offerred prop up strongly.
Civil / Beijing youth signs up for reporter Cheng Jie
