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结售汇综合头寸实现正负区间管理后,商业银行持有敞口的灵活性大大增加。人民银行发布的2012年第4号公告称,自2012年4月16日起,银行间即期外汇市场人民币兑美元交易价浮动幅度由千分之五扩大至百分之一;外汇指定银行为客户提供当日美元最高现汇卖出价与最低现汇买入价之差不得超过当日汇率中间价的幅度由1%扩大至2%。作为此次人民币汇率深化改革的配套措施,国家外汇管理局于2012年4月16日发布了《关于完善银行结售汇综合头寸管理有关问题的通知》(汇发[2012]26号),对银行结售汇综合头寸实行正负区间管理,同时取消对银行收付实现制头寸余额实行的下限管理。此次人民币汇率改革是在国内经济平稳运行、国际收支逐步改善、经常项目趋于平衡的背景下推出
After the realization of positive and negative interval management of the sales and purchase of integrated positions, the flexibility of holding commercial banks is greatly increased. As of April 16, 2012, the People’s Bank of China announced that since April 16, 2012, the fluctuation range of the trading price of RMB against the U.S. dollar in the inter-bank spot foreign exchange market increased from 5% to 1%; the designated foreign exchange banks The difference between the maximum spot selling price of the U.S. dollar on the day of offering and the minimum purchase price of the spot foreign exchange shall not exceed the middle rate of the exchange rate on that day from 1% to 2%. As the supporting measures for deepening RMB exchange rate reform, the SAFE issued “Notice on Improving the Comprehensive Position Management of Foreign Exchange Sales and Purchase of Banks” (Hui Fa [2012] No. 26) on April 16, 2012, The Bank implemented the positive and negative interval management of integrated positions in the settlement and sales of foreign exchange and canceled the lower limit management on the balance of cash realized in the bank. The reform of the RMB exchange rate was launched under the background of stable domestic economy, gradual improvement of the balance of payments and frequent current account balance