人民币外汇期权市场运行情况与发展思考

RMB/FX option market operation and development

人民币外汇期权交易作为外汇衍生品市场的重要交易品种，可以有效帮助企业和银行规避汇率风险。今年以来，人民币外汇期权交易进一步活跃，市场波动率变化幅度增大，市场更趋于成熟。未来随着人民币国际化进程加速，人民币逐步实现自由兑换，市场汇率弹性将不断增强，外汇期权将进一步展现其在规避汇率风险、反映市场预期方面的重要作用。

As an important product in the FX derivatives market, RMB/FX option can effectively help enterprise and bank to manage exchange rate risk. In this year, RMB/FX options are traded actively, the market sees increasing volatility and becomes more mature. Following the acceleration of RMB internationalization and RMB gradually being convertible, the market exchange rate will be more flexible and FX option will play a more important role in managing exchange rate risk and reflecting market expectations.