S**C
发帖数: 2964 | | R*****i
发帖数: 2126 | | S**C
发帖数: 2964 | 3 More from the People’s Bank of China:
To improve pricing mechanism for yuan fixing
To increase exchange rate flexibility
To keep yuan at reasonable, equilibrium level
To extend trading hours for yuan FX
To strengthen the market's role in yuan fixing
more to come | M**S
发帖数: 3483 | 4 你这回帖我老看的真是欢乐的紧
【在 R*****i 的大作中提到】
: PBOC是神马东东？习大大会care吗？
| S**C
发帖数: 2964 | 5 Today it cut the fix by 1.9 per cent. In the forex market, the renminbi fell
0.93 per cent — the biggest one-day fall on record — to 6.2679 per dollar
, the weakest rate since March 4. | S**C
发帖数: 2964 | 6 In an apparent effort to blunt criticism over China’s exchange-rate policy,
the People’s Bank of China took the step with an eye toward making the
yuan’s value more market-based: the midpoint, or fixing, will now be based
on how the yuan closes in the previous trading session. Until now, the
fixing had been entirely determined by the central bank itself.
As a result, the yuan’s fixing was lowered 1.9% Tuesday from the previous
day.
Which means possibly more devaluation to come. | F*****d
发帖数: 2848 | 7 这说法正确的话这是要大幅贬值阿
policy,
based
【在 S**C 的大作中提到】
: In an apparent effort to blunt criticism over China’s exchange-rate policy,
: the People’s Bank of China took the step with an eye toward making the
: yuan’s value more market-based: the midpoint, or fixing, will now be based
: on how the yuan closes in the previous trading session. Until now, the
: fixing had been entirely determined by the central bank itself.
: As a result, the yuan’s fixing was lowered 1.9% Tuesday from the previous
: day.
: Which means possibly more devaluation to come.
| S**C
发帖数: 2964 | 8 [FXStreet] PBOC officials are crossing the wires, noting that the
depreciation seen in the Yuan rate today was a sporadic one-off event
adjustment, noting they are working to improve the pricing mechanism for
yuan fixing, while increasing exchange rate flexibility.
PBOC adds that they are looking "to keep yuan at reasonable, equilibrium
level", also planning to "extend trading hours for yuan FX", while "
strengthen the market's role in yuan fixing."
Still not clear the fixing mechanism will be changed going forward, that is
based on previous session close, or today's move is one-off adjustment. |
|
