银行远期结售汇业务发展中的隐忧

Concerns about the rapid development of banks＇ FX forward sale and purchase

人民币汇率形成机制改革后，远期结售汇市场快速发展，但同时也出现了一些不容忽视的新情况、新问题，如远期售汇量大大高于远期结汇量、远期结售汇业务发展不平衡，市场参与度低，远期结售汇价格偏离实际汇价水平的程度较高等。

The reform of the RMB exchange rate forming mechanism quickens the development of FX forward sale and purchase, but meanwhile creates new challenges worthy of attention, for example： the overwhelming excess of forward FX sale over purchase; unbalanced development of FX forward sale and purchase business; a low level of market participation; and the serious deviation of FX forward rate from the real rate.