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汇率和股市之间并非简单的因果关系,过去一个阶段的“同升同降”是共同受风险偏好变化的影响。经历了“8·11”汇改前后股票市场的剧烈调整以及2016年年初四个交易日股票市场和外汇市场的共振后,不少机构投资者认为,2016年中国股票市场最大的不确定性是人民币汇率。人民币汇率和股市涨跌的关系骤然紧密起来。
Exchange rate and the stock market is not a simple causal relationship between the previous stage “with the same rise and fall ” is affected by changes in risk appetite. After experiencing drastic adjustments in the stock market before and after the August 11 exchange reform and the stock market and foreign exchange markets in the four trading days of 2016, many institutional investors believe that the biggest uncertainty in the Chinese stock market in 2016 Sex is the RMB exchange rate. The relationship between the RMB exchange rate and the stock market ups and downs suddenly close together.