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    Yuan to rise slightly in 2013, analysts say  

    中國新觀察:人民幣雙向波動加劇 今年或小幅升值

    “過去一年人民幣匯率就跟過山車一樣,讓人有些無所適從。”電話那頭,在深圳做外貿的朱仕安語氣有些無奈。但多名專家在接受中新社記者采訪時表示,2013年人民幣不具備大幅升值的可能性,全年可能呈現穩中有升的趨勢。

    2013-01-07 14:00 Ecns.cn     Web Editor: Gu Liping comment
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    File photo

    Beijing (CNS) -- Analysts predict that China's currency the renminbi, or yuan, will see a slight rise this year.

    The central economic work conference has set a stable tone for the yuan's rate, so it will rise by two percent in 2013, said Guo Tianyong, of the Central University of Finance and Economics.

    Wang Haozhi, from Chartered Bank, also predicted a rise of two percent.

    There are no conditions for a sharp appreciation of the yuan, which will rise by 1.5 percent this year, predicted Liu Ligang, chief economist at the Australia and New Zealand Banking Group for the Greater China Region.

    Tan Yaling, president of the China Forex Investment Research Institute, said the central government would implement a mild forex policy in 2013 to protect small- and medium-size enterprises which faced challenges last year.

    The yuan's rate in 2012 was weakened by concerns over China's macro-economy in the first half, but advanced strongly in the fourth quarter as a result of a stabilizing economy, said Zhao Xijun, a finance professor at Renmin University of China.

     

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    中國新觀察:人民幣雙向波動加劇 今年或小幅升值

    “過去一年人民幣匯率就跟過山車一樣,讓人有些無所適從。”電話那頭,在深圳做外貿的朱仕安語氣有些無奈。但多名專家在接受中新社記者采訪時表示,2013年人民幣不具備大幅升值的可能性,全年可能呈現穩中有升的趨勢。

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