There are two exchange rates for RMB, one is the offshore exchange rate and the other is the onshore exchange rate, and the middle rate of this exchange rate announced at 9:15 every day is the onshore exchange rate.
Hunting Originally, after the end of last night's night, the onshore exchange rate of RMB was 63816, and now it is 63866, that is, it has depreciated by 5 points.
Just say the dollar against the yuan In other words, it is actually 8/10,000, and the gap is not big, but this represents an attitude and a signal, and the offshore exchange rate has risen in response.
"It's back, it's back, 65137" Zhao Lichen's sleepiness was completely gone, and he shouted at the throat: "65139, 65143 up, up." ” "Congratulations, Zhao, you are a father, a boy or a girl" Leo made a Chinese joke, but he didn't know what to say when he looked at Lei Hao.
Every point of rise, for Lei Hao is to earn more than 20,000 yuan, most of the exchange rates of the company are 65137, 65136 and 65138, the average is 65137, and now the offshore exchange rate is around 65149, up 12 points.
In other words, Lei Hao earned 250,000 yuan in one minute, and he made the right choice to transfer funds from the stock market to the foreign exchange market.
The most important thing is that the onshore exchange rate central bank directly raised 5 points, while the offshore exchange rate is currently only up 12 points, this is because everyone still has to test China's attitude, if China is tough, then the exchange rate will rise.
Will China be stubborn, will it dare to let the renminbi maintain this depreciation range, and why?
Thinking of Lei Hao's remarks that the dollar might depreciate, Leo's mind was flickering with all kinds of data, and he almost burned out his brain.
"Mr.
Lei, what should we do now" Yu Rong watched Leo fall into thought, and could only stand up and ask: "Wait and see or start closing the position" "Look again."
Lei Hao is also thinking frantically, the rise in the onshore exchange rate does not mean that the offshore exchange rate must rise by the same amount, it still depends on how the market develops.
"If I were the central bank, if I knew that the dollar might depreciate slightly, what would I do to make the renminbi depreciate a little first, and then where would they flee to the hot money?"
The numbers on the computer screen were beating, and all kinds of information were appearing, but Lei Hao and Leo were both lost in thought.
Shanghai market, Qin Yu sat in the office chair, his expression was dumbfounded, Lei Hao said that the central price of the exchange rate was going to be raised, and the central bank raised it, the last time he said that he was going to cut interest rates, the central bank also cut interest rates, is this the governor However, this is only the beginning, and the pressure from the periphery is starting to surge. 8/10,000 is not a big number, and if you put it on the renminbi, the currency of China's second largest economy, it is not a small thing.
What the hell do you want to do, you still want your currency to depreciate, everyone's economy is not very good, are you going to make trouble The foreign exchange market is surging, but 5 points is really stuck, this range, it is not the turn of the big people to come out, only a bunch of "experts" are shouting.
"The depreciation of the renminbi is the funniest joke I've heard this year, and as an important part of the world economic system, I am puzzled by the Chinese central bank's policy measures to affect the exchange rate."
"China often shouts the slogan of attracting investment, but their currency exchange rate is rigidly in the hands of the government, just like this time, it is a disservice to foreign investors who have already invested."
"The onshore exchange rate is a ridiculous existence, and if China wants to be fully in line with the rest of the world, please let go of these ridiculous manipulation methods."
"When the economy is stabilizing and improving, the depreciation of the yuan is to feed profits to domestic enterprises, is this a conspiracy?"
The exchange rate is a sensitive thing, mature economies are more using market means to affect the exchange rate, China, as the world's second largest economy, in the eyes of foreigners, is completely not open, what to engage in offshore exchange rate and onshore exchange rate, everyone let go of play, no Lei Hao has been staring at the foreign exchange market, and sure enough, when the exchange rate rises and the RMB depreciates, the market becomes very active, and a large amount of funds are exchanged for other currencies from the RMB, of which the US dollar is the key area, because its exchange rate is stable.
Some of the funds that were originally going to enter China have also changed their attitudes and want to wait and see if there is a possibility that the renminbi will depreciate again in the short term.
Driven by many factors, the offshore exchange rate of the US dollar against the RMB stopped at around 6516, the onshore exchange rate fell by 1 point, and gained a foothold at around 63856.
"Amazing, as soon as it comes and goes, the central bank has more yuan in its hands and less dollars, and in the case of the depreciation of the yuan, if the dollar really depreciates, foreigners will be dumbfounded."
Lei Hao gave the central bank a thumbs up, but he still had doubts in his heart.
"But other people don't know, it's not right, the non-farm payrolls data has been predicted, and the analysis results of other countries and institutions should be similar, and the expected data has been reflected in the exchange rate."
Lei Hao's brain turned, "So strong, my big mother" Yes, with the central bank, a state institution that is extremely rigorous, he may have lowered the central parity of the exchange rate for other reasons, but whether intentionally or unintentionally, the central bank should have calculated the world, you know, they have no information about the future.
"What does it feel like to have a real market at the level of 100 billion US dollars" Lei Hao felt a little trembling just thinking about it.
"Ray, there has been a change in public opinion."
Leo shouted.
Lei Hao flipped through the latest information, with a wry smile on his face, the central bank raised the central parity of the exchange rate of the US dollar against the yuan, which is to raise the expectation of depreciation, but the market digested this information quickly, and after everyone was trembling, they began to analyze it again.
China's economic exhibition leads the world, the depreciation of the yuan is a small dozens of points, there are still people who don't care, but think that if you depreciate now, I can exchange the same dollar for more yuan, and I can use these yuan to invest in this lucrative market, so let's change it.
The foreign exchange market is really changing rapidly, one moment it is still expected to depreciate, and the next moment someone sees the node of turning bad into good, and the exchange rate of the US dollar against the RMB has begun to loosen and fall.
"Lei, what do you think" Leo looked at Lei Hao and asked seriously: "Do you want to close the position, or wait a little longer" "Flatten the cross, leaving only the dollar against the yuan straight."
Lei Hao thought about it and shouted directly.
Leo didn't say anything, just followed the instructions, closed the cross within ten minutes, made a profit of several million, and the leverage was reduced to about 3 times, while the company's remaining positions were all straight.
As soon as I finished this operation, the time came to ten o'clock in the morning, and the scene that almost scared Leo stupid: