人民币对非美元货币直接交易的发展与展望

Development and prospect of RMB/non-USD currencies direct trading

人民币对非美元货币直接交易的开展，改变了人民币对非美元货币的报价和平仓形式，为促进贸易投资便利、降低汇兑成本、推动人民币国际化进程起到了重要作用。文章在回顾人民币直接交易发展背景的基础上，归纳总结直接交易的发展模式，分析其开展的影响、意义，展望其未来的发展路径，并为人民币直接交易业务的发展提供可资借鉴的政策建议。

The direct trading between RMB and non-USD currencies changes the quotation and position hedging mechanisms, and plays important roles in promoting trade and investment, lowering currency exchange costs and driving the progress of RMB internationalization. Based on the review of direct trading background, the article summaries its development model and analyzes its significance and prospect so as to propose policy suggestions that could further FX direct trading business development enhance RMB/FX direct trading business development.