人民幣對美元変動波幅擴大到上下２％

Recently the Yomiuri News on-line reported the following:

人民元、対ドル変動幅を上下２％ずつに拡大

　【北京＝栗原守】中国人民銀行（中央銀行）は１５日、１日上下１％ずつに制限されている人民元の対ドル相場の変動幅を、上下２％ずつに拡大すると発表した。

　１７日から実施する。人民元改革の一環で、為替相場の柔軟性を高めることで、一定の自由化を進める政権の姿勢を示す。変動幅の拡大は２０１２年４月以来、１年１１か月ぶりとなる。

　人民銀は「為替レートを決定する市場の影響力を拡大する」との声明を発表した。毎朝公表する基準値からの変動幅を広げることで、より実際の価値に見合った価格で取引されやすくなる。長期的には人民元高につながるとみられる。

　米国などは為替制度の改革を求めてきたが、中国政府は輸出産業に打撃を与えるとして慎重だった。ただ、今年２月半ばから元安ドル高で推移しており、方針を変更する好機だと判断した。

（2014年3月16日00時13分  読売新聞）

(試譯文)

   

    On the 15th the People's Bank of China (the Central Bank) announced that the exchange rate fluctuation range for Renmin Yuan to the US dollar in one day, which was restricted to 1% in up and down at the moment, would be widened to 2%.

    This would take effect from the 17th. As a political power that showed a posture to push ahead certain liberalization, RMB reform was part of an effort to increase the flexibility of the exchange rate. The widening of the fluctuation range would be the first time in one year and 11 months since April 2012.

    The People's Bank issued a statement saying that "the influence of the market which determines the exchange rate is expanded". By expanding the range of fluctuation from the standard value released every morning, it was more likely that trading would be made at a price commensurate to the actual value. It was expected that this was connected to the Renmin Yuan appreciation in the long run.

    Although the U.S. had asked for a reform in the exchange system, the Chinese government was prudent noting that it might deal a blow to its export industry. However, from the middle of February this year the Yuan against the Dollar remained high and it was judged that this was a golden opportunity to change the direction.

(00:13 on March 16, 2014    Yomiuri Shimbun)

So, the exchange rate for Renminbi against the US dollar will appreciate slowly in the future.