Ngabe izinga le-Fed liba nomthelela ongakanani kusilinganiso sokushintshaniswa kwe-RMB? Abahlaziyi abaningi balindele ukuthi izinga lokushintshaniswa kwe-RMB lizoqhubeka nokuzinza.

Isikhathi saseBeijing ngoJuni 15 ngo-2 ekuseni, i-Federal Reserve inyuse inzalo ngamaphoyinti angu-25, izinga lezimali zombuso lisuka ku-0.75% ~ 1% lenyuka laya ku-1%~1.25%. Abahlaziyi abaningi bakholelwa ukuthi i-Fed inyuse izilinganiso zenzalo ngokuguquguquka kwesilinganiso sokushintshaniswa kwe-RMB ngeke kube kukhulu kakhulu.

Okokuqala, izimakethe bezilokhu zihamba ngezinyawo ukuze zenze ukuvumelana, imiphumela yokukhululwa kusenesikhathi.Ekupheleni kukaMeyi, isilinganiso esimaphakathi se-RMB uma siqhathaniswa nedola laseMelika ukwethulwa kwe-“countercyclical factor”, intengo emaphakathi ngamaphesenti angu-6.87 ngaphambi kokukhuphukela ku-6.79. Ikakhulukazi yenza iBhange Elikhulu liqondise ngokwengeziwe izilinganiso zokushintshisana nge-RMB ezihamba ohlangothini olulodwa.

Second, ukuzinza kwesikhathi eside ekuthuthukisweni komnotho waseShayina hasakushintshiwe futhi usazokwazi ukushintshanisa ukwesekwa okuhle.Ikhishwe ngoJuni 7, imininingwane ikhombisa ukuthi kuze kube nguMeyi 31, isikali semali egciniwe yokuhwebelana yaseChina engama-US $ 3.0536 trillion, umhlangano wenyanga yesine ilandelana. Ngaphezu kwalokho, ngokulungiswa kwemakethe yezezimali yasekhaya, ngaphakathi nangaphandle ukusabalala okubanzi nakho kusekelwa izinga lokushintshisana.

Okwesithathu, Lokhu kuthambekela okusheshayo kokwenziwa kwamazwe ngamazwe kwe-RMB ngeke kuthinteke kakhulu ngokwenyuka kwezinga le-Fed.I-European Central Bank ithe esitatimendeni ezinsukwini ezimbalwa ezedlule, ngokuthengisa amadola engxenyeni yokuqala yalo nyaka, ukukhuphuka okuphelele kwenani elilinganayo le-RMB 500 million exchange reserves. Okokuqala ngqa i-ECB ihlanganisa i-RMB ezindaweni zokuhwebelana zamazwe angaphandle, umnyakazo ophinde wasiza izinga lokushintshisana le-RMB ukuzinza kwesikhathi esifushane.

Uma sibheka esikhathini esizayo esizodlula emngceleni waso sonke isimo, isikhulu esiphephile sithe, jikelele, ukugeleza kwemali ekhona emngceleni kuzinzile kahle, kugcina ibhalansi eyisisekelo yokuhlinzekwa kanye nesidingo sokuhwebelana kwamanye amazwe endaweni yangaphandle kusasele, ikakhulukazi ngoba umnotho uyaqhubeka nokusebenza ngesikhathi esifanele ngokusekelwe entengo eqinile, emaphakathi ye-RMB yokushintsha izinga lokushintsha indlela futhi ithuthuka njalo, ngaphakathi kwengeniso enkulu yangaphandle kanye nezindleko zizoba ngaphezulu.