Arotahi ki te | i te haurua tuarua o te hekenga o te utu whakawhiti RMB ki roto i tētahi huihuinga tūponotanga nui? Me karo te whakahaere mōrearea o te utu whakawhiti hinonga i ngā whanonga "porowhita" me te "whakahekeheke".

Mai i te tīmatanga o Hune, kua kitea te ia o te hekenga uara o te RMB, ā, kua taurite hoki te awhe piki me te heke. He tūponotanga pai tēnei mō Poraka Whakamutunga Tīwiri PCB, ngā hononga titi me te kōhaome āhua hiko whakaatamara.

Hei tāpiritanga, mō te whakamahinga o te moni ke, he iti iho i te mea i whakaarohia ngā raraunga kaweake me te toenga tauhokohoko a Haina i te marama o Mei, ā, ko te pikinga o ngā utu taonga i hua ake ai te pikinga tere o ngā kawemai i ia tau, ā, kei te āta kitea hoki te pikinga o te utu kawemai i runga i te tuku me te tono o te moni ke me te reiti whakawhiti RMB.

I taua wā anō, kei te kaha ake te hiahia o te mākete hou ki te hoko i ngā moni ke. I te nuinga o te wā, mai i Hune ki Hūrae, ka uru ngā kaipupuri moni ke me ngā kamupene kua rārangihia ki tāwāhi ki te tihi o te utunga wehewehenga ā-wā. I tēnei wā, ko te tono mō te hoko moni ke ka pā mai he pēhanga whakahekenga ki runga i te RMB.

Mai i te taiao o waho, i piki ake te taupū utu kaihoko (CPI) o te US i te marama o Mei mā te 5% i roto i te tau 13, ā, i ara ake ai ngā āwangawanga mō te whakawhāititanga a te Fed i ngā kaupapa here moni, te pikinga ake o te taupū tāra, me te pēhanga pea o te yuan.

Ka pāngia te tere o te mākete moni ke i te wā poto. I te titiro whakamua ki te wāhanga e whai ake nei, e matapaetia ana e te tini o ngā kaitātari he uaua ki te puta atu i te ia o te pikinga kotahi o te utu whakawhiti RMB. I te tata mai o te "matapihi" o te whakangāwari i te Federal Reserve, he maha ngā āhuatanga i whakapakari haere i te tāra, ā, tera pea ka pāngia te utu whakawhiti RMB e te pēhanga ki raro i te haurua tuarua o te tau.

01 Te rerekētanga e tumanakohia ana i te mākete i runga i te reiti whakawhiti RMB

Mai i te tīmatanga o tēnei tau, kei te noho tonu te pikinga o te utu whakawhiti RMB ki te tāra US, ā, he pumau tonu, engari i puta he ia pikinga tere tonu i te marama o Āperira me Mei, ā, kua nui ake te aro ki tēnei. I te mutunga o Mei, i piki te RMB o uta me o tai ki te 6.35 yuan, he teitei rawa atu tēnei mō ngā tau e toru. Kāore i te kitea he nui ngā huringa i roto i ngā kaupapa ōhanga, ā, kei te tere te pikinga o te utu whakawhiti RMB, ā, he tūponotanga kei te nui rawa te whakatikatika.

Hei whakatutuki i tēnei, kua whakanuia e ngā mana whakahaere "he mea noa ngā piki me ngā heke o te mākete", "me kaha te aukati i ngā momo tinihanga katoa o te mākete me te hanga kino i ngā tumanakohanga takitahi", "kaua e petipeti ki te pikinga, ki te hekenga rānei o te utu whakawhiti RMB, ka ngaro te petipeti mō te wā roa", ā, kua whakauruhia ētahi mahi kua whakaritea hei whakau me te ārahi i ngā tumanakohanga o te mākete.

I kī ngā kaiuru o te mākete, he maha ngā wā kua kōrero ngā hui nui me ngā mana whakahaere tata nei mō te take o te utu whakawhiti moni, ā, kua whakapiki ake i te ōwehenga rahui o ngā moni tāpui i roto i ngā umanga pūtea me ētahi atu tohu whakatikatika kaupapa here o ngā piki me ngā heke o te utu whakawhiti RMB, ā, kua rerekē hoki ngā tumanakohanga utu whakawhiti RMB a te mākete.

I kī a Tang Jianwei, te kairangahau matua i te Pūtea Rangahau Pūtea o te Peeke Whakawhitiwhiti Kōrero, kua wehe atu ngā mana whakahaere moni ke ā-rohe i te wawaotanga noa i roto i te mākete moni ke, engari ka ārahi tonu rātou i ngā tumanakohanga mākete mā roto i ētahi taputapu kaupapa here hei whakatairanga i ngā āhuatanga piki me te heke o te utu whakawhiti RMB.

E kore te tāra e heke mō te wā roa

Mā te kaha o te whakaoho pūtea ka tere ake te whakaoranga o te ōhanga o Amerika, ā, ka whakapakari ake i te tāra. Nō nā tata nei, kei te whakamahere, kei te akiaki hoki te Hononga o Amerika i tētahi mahere whakaoho pūtea hou hei whakarewa i tētahi mahere whakaoho pūtea $6 trillion.

Ahakoa "ka pāngia e te maha o ngā uauatanga i roto i te whakatinanatanga o te mahere whakaoho pūtea, ko ngā tumanakohanga pai mō te heke mai o te ōhanga o Amerika me te pānga mahi o ētahi mahi ka noho hei tetahi o ngā kaha akiaki mō te whakapakari ā-wā o te tāra Amerika, ā, he uaua ki te puta i te reiti whakawhiti RMB i te ia o te pikinga o te uara o Pingchuan," te kī a Lian Ping, te tumuaki ōhanga haumi o Zhixin me te perehitini o te whare rangahau.

Hei tāpiritanga, e matapaetia ana ka tutuki i te Hononga o Amerika me ētahi atu whenua whakawhanake te ārai mate kahui i te hauwhā tuatoru, ā, kua eke te PMI i Ūropi me te Hononga o Amerika ki tētahi taumata teitei hou i roto i ngā rā tata nei, e tohu ana kei te kaha haere te tere o te whakaoranga ōhanga, ā, ka whakawhāitihia ngā painga whanaunga o ngā kaupapa ōhanga o Haina.

I kī a Lian Ping, mō te wā o nāianei me te wā kei te heke mai, tera pea ka eke te ōhanga o Amerika ki te taumata teitei ake i te rohe euro i roto i ngā huarahi maha, ā, tera pea ka kaha ake te tāra i ia wā. Ā, ka āwhina hoki ngā mōrearea ā-ao ki te whakanui ake i te tono tāra.

I whakanui anō a Tang Jianwei ko te whakawhāititanga o te "āputa tipu" o te ōhanga o Amerika i te haurua tuarua o te tau ka noho hei take nui anō hoki mō te hekenga o te utu whakawhiti RMB.

I kī ia, tera pea ka kaha ake anō te tāra i te ohanga o Amerika i te haurua tuarua o te tau. Hei tāpiri, i tēnei tau, ka whakaatu te ohanga o Haina i te ia o te "tiketike me te iti", ko te United States me te ao pea ka "iti, teitei". Ko te whakawhāiti i te "rerekētanga tipu" o te ohanga o Amerika i te haurua tuarua o te tau ka pēhi i te utu whakawhiti RMB. Ahakoa kua piki tonu te utu whakawhiti RMB i ngā wā tata nei, e kore e puta i te ia piki kotahi, engari he nui ake te pēhanga.

Ka noho hoki ngā āhuatanga ārai me te whakahaere i te mate urutā hei tautoko nui mō te whakanui ake i te kaha o te tāra. E whakapono ana a Zhang Yu, te kaitātari matua o Huachuang Securities, he pai ake tēnei wāhanga o te ārai me te whakahaere i te mate urutā i a Ūropi. Ahakoa kua ngoikore te tāra i ngā marama e rua kua pahure ake nei e ngā āhuatanga poto pēnei i te werohanga tere i Ūropi, kāore e taea te aukati i te pikinga o te tāra i te wā waenga me te wā roa, ā, tera pea kei te tata te RMB ki te pūwāhi piki o te hekenga uara.

Tērā pea ka pēhia te reiti whakawhiti RMB e te tukutahitanga o ngā kaupapa here moni o Haina me Amerika. "Ina whakapiki ake te Hononga o Amerika i te reiti huamoni, tera pea kāore a Haina e tere te whai i tēnei, ā, ka whaiti haere te horapa o te reiti huamoni i waenga i a Haina me Amerika, ka whai horapa whakamuri rānei, ka kaha ake te tāra." "" te kī a Lian Ping.

Ka pāngia te reiti whakawhiti moni RMB o te tau 2003 e te pēhanga hekenga uara i roto i te tau

I raro i te pūnaha utu whakawhiti o nāianei, e matapaetia ana ka mau tonu ngā piki me ngā heke o te utu whakawhiti RMB. I kī a Pan Gongsheng, te kaiwhakahaere o te Tari Whakahaere Moni ā-Motu, i te Huihuinga Lujiazui, he maha ngā āhuatanga koretake me ngā āhuatanga kore pumau i roto i te taiao o waho e pā ana ki ngā huringa o te utu whakawhiti. Me karo te whakahaere mōrearea o te utu whakawhiti pakihi i ngā whanonga "hurihuri-ā-mua" me te "tahanga", kaua e petipeti ki te pikinga, ki te hekenga rānei o te RMB, ka ngaro te petipeti mō te wā roa.

He tokomaha ngā kaiuru mākete e whakapono ana, i te haurua tuarua o tēnei tau, ka nui ake te pēhanga o te hekenga uara o te reiti whakawhiti RMB. Hei whakapakari i te whakahaere i te moni whakawhiti o ngā umanga pūtea, kua whakapiki ake te Peeke o te Iwi o Haina i te ōwehenga rahui mā ngā moni whakawhiti o ngā umanga pūtea mā te 2 ōrau mai i te 15 o Hune, ka aukati i te $20 piriona o te moni whakawhiti, ā, ka āwhina i te whakakaha i te moni whakawhiti i te mākete ā-rohe.

I taua wā anō, e ai ki ngā wheako o ngā tau kua pahure ake nei, ko Hune ki Ākuhata te wā tino nui o te whakawhitiwhiti moni ke mō ngā umanga Haina kua rārangihia ki tāwāhi, ā, e matapaetia ana ka eke pea tēnei tau ki te neke atu i te $70 piriona, ka waiho hei take nui hei whakatairanga i te hekenga uara o te RMB i ngā wā tata nei.

"Ahakoa kua whakarērea e te whakahaere moni tāwāhi o Haina tana wawaotanga noa i te mākete moni tāwāhi, ka ārahi tonu i ngā tumanakohanga mākete mā roto i ētahi taputapu kaupapa here hei whakatairanga i ngā āhuatanga piki me te heke o te utu whakawhiti RMB." "" te kī a Tang Jianwei.


Wā tuku: Pipiri-17-2021