非金融企业入市的意义与制约因素

Non-financial institutions accessing the FX market:Significance and restraints

根据《中国人民银行关于加快发展外汇市场有关问题的通知》,非金融企业首次获准直接进入银行间外汇市场从事自营交易,这不仅是顺应非金融企业内在需求之举,从长远来看,也是我国外汇市场发展所必需。然而,非金融企业参与银行间外汇市场还存在一些制约因素。

According to the Circular of the People＇s Bank of China on Accelerating the Development of the FX market, non-financial institutions were permitted to directly enter the interbank FX market and do proprietary trading for the first time. This move meets not only the internal demands of non-financial institutions, but also the demands of China＇s FX market development in the long run. However, there are still some restraints on the participation of non-financial institutions in the interbank FX market.