境内外人民币外汇市场发展、地域扩散及远景分析  

The Development,Geographical Spread and Prospects of CNY and CNH FX Markets

作　　者：王应贵[1] 娄世艳[1] 

机构地区：[1]澳门城市大学金融学院

出　　处：《中国货币市场》2019年第12期46-49,共4页China Money

摘　　要：近年来,在岸和离岸人民币外汇市场交易量不断攀升,日益显现全球主要货币的常态交易模式,即集中于国际金融中心城市、货币发行国有着本地优势。该文回顾了境内外人民币外汇市场的变化趋势,采用51个国家和地区人民币与其他所有货币交易数据实证分析了离岸人民币外汇交易的区域扩散特点,并展望了人民币外汇市场的发展远景。In recent years,the trading in both the CNY and CNH FX markets has continued to rise,which highlights the normaltrading pattern of major global currencies,i.e.the FX trading concentrates in the international financial center citiesand the currency issuing countries have home bias.This article reviews the evolvement tendency of CNY and CNHFX markets,and conducts an empirical analysis on the geographical spread of RMB FX trading,using the data oftransactions between the RMB and all other currencies in 51 countries and regions.It also o ffers an outlook into thedevelopment prospects of the RMB FX market.

关 键 词：货币交易 离岸人民币 货币发行国 国际金融中心 人民币外汇市场 外汇交易 发展远景 远景分析 

分 类 号：F83[经济管理—金融学]