It was exactly 12 weeks ago that the People’s Bank of China said it was swapping a peg for a basket. Since then, China’s currency has strengthened against the US dollar by almost exactly 1 per cent, thanks mostly to a sudden lurch upwards in the past two days. It is now up to a committee of the US House of Representatives, which convenes next week, to decide whether 97 basis points of appreciation in three months is enough to end the threat of trade sanctions.
12周前,中國央行表示要放棄盯住美元政策,改而盯住一籃子貨幣。此后,人民幣對美元升值近1%,主要得益于近日突然提速。是否看在3個月升值97個基點的份上,收起實施貿易制裁的威脅,要由美國眾議院的一個委員會來決定。該委員會將于本周開會。
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