Short Line Is Stable, But It Is Necessary To Purchase Large Quantities At The End Of The Month.

< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > shares line < /a > the trading director thinks that the US dollar rally has not been destroyed in the short term.

The demand for foreign exchange has been delayed due to the rebound of the yuan in early June.

At the same time, due to the relatively tight RMB at the end of the half year, it will also restrict the demand for foreign exchange purchase in the interbank market, and the big banks have also bought many 1 cycle swaps to ease the tension of the renminbi.

< /p >

< p > and a Chinese funded trader believes that the recent expectation of the customer level is more differentiated. "The bullish (RMB)" is very small, and the short-term trend is expected to be horizontal. Enterprises are mainly waiting and watching, but there are very few forwards. After all, we can not see clearly in the long run.

< /p >

"P" > Global a href= "//www.sjfzxm.com/news/index_c.asp" > foreign exchange < /a >, on Tuesday, euro and a href= "//www.sjfzxm.com/news/index_c.asp" > pound "/a >"! --EndFragment-- remained stable. Later, the president of the Bank of England Carney will testify the statement, while Germany will announce the business prosperity survey, which may highlight the divergence between the euro area and the British monetary policy.

< /p >

< p > related links: < /p >

In recent years, the RMB has been recognized by developing countries, emerging markets and developed countries, and the process of RMB internationalization is constantly advancing. P

< /p >

< p > the Standard Chartered Bank has reported in the report that at least 40 central banks have made bets on China's currency, and more central banks are preparing to take the same measures.

This trend is emerging in emerging markets as well as developed countries. According to the report, these central banks are moving closer to other currencies. "Many central banks are joining the renminbi in their portfolios".

< /p >

< p > with the continuous expansion of the free convertibility of RMB, the call for RMB to become the world's reserve currency is also increasing.

< /p >

< p > recently, a member of the Council of Germany's central bank said that although the current international use of RMB can not reflect China's economic strength, it is possible to become one of the world's reserve currencies in the near future, taking into account its ever expanding convertibility.

The renminbi is expected to become the world's reserve currency, while Frankfurt will become the renminbi's European trading center.

< /p >

< p > in fact, there are four major reforms in RMB internationalization, namely, capital account liberalization, offshore market construction, interest rate and exchange rate reform.

The "four major reforms" are being progressively promoted and achieved some results.

< /p >

< p > Shanghai pilot free trade area promotes RMB convertibility and capital account liberalization.

Since 2009, the offshore market of RMB has been developing greatly. Now, Hongkong, Singapore and London have gradually grown into the most important offshore market of RMB.

In recent years, many Chinese banks have been carrying out international strategies and established branches of Chinese banks around the world, which largely promoted the liquidity of RMB in the world.

< /p >