【精英翻譯關注新聞】Term deposit investors lose out with weakening of Chinese yuan 人民幣虧大 @ 【精英翻譯】的部落格

Term deposit investors lose out with weakening of Chinese yuan (2014/03/18)

A flood of cash put into Chinese yuan term deposits isn’t proving to be the savvy investment that many locals once hoped. Cooling growth and corporate debt problems have soured analysts on the Chinese yuan. The resulting weakening of the currency is eating away at the attractive interest rates that led investors to buy the deposits.

Term deposit accounts with interest rates of up to 3.5 percent encouraged Taiwanese to enter the Chinese yuan market. But many have not gotten the hoped for returns. The yuan has been weak, and it fell to an 11-month low on Monday when the government widened the band at which the yuan can be traded. Thus far this year, the yuan has fallen about 2 percent.

Investor
Its rapid weakening has made me nervous. I’m going to leave the money there and wait.”

Investor
Now that it’s fallen, I have to quickly buy more.

Some investors are hoping to make back losses and others to take advantage of lower rates. Experts urge caution.

Kenneth Lin
Economics Professor
Export performance that has failed to meet expectations has led China to depreciate its currency to raise the competiveness of its products. People see these exchange fluctuations and still want to put their money into yuan deposits. Yuan deposit rates may be high, but potential losses on exchange rates could lead to the loss of all the interest you struggled to earn.

Investors starry eyed by Chinese yuan incentives are learning the pitfalls of forex.

人民幣虧大

去年各家銀行紛紛推出高利定存人民幣，吸引投資人去存款，但是三月以來，人民幣一路走貶，甚至十七號開放人民幣浮動利率可以到2%，讓人民幣一度大幅貶值，來到十一個月的新低紀錄，讓存款戶，約有新台幣2,670億元被套牢。

台灣各家銀行推出3.5%的人民幣高利定存，吸引民眾搶購人民幣，但17號中國人民銀行新制度上路，人民幣波動率從1%調高到2%，讓人民幣貶值，來到11個月的新低紀錄，總計今年以來貶值幅度到2.01%，讓存款戶資金被套牢。

[[民眾]]
貶很快，當然會很緊張，先放著再說。

[[民眾]]
現在貶所以我要快點再來買

雖然有民眾想逢低買進，不過經濟學者認為風險高，要民眾審慎投資。

[[經濟學者林向愷]]
主要中國的經濟，因為出口表現不如預期，必須要靠貶值來提升產品的競爭力，這個升升貶貶，現在大家看到要把錢放在人民幣存款，人民幣存款利率很高，但這種可能的匯?損失，很可能把你辛苦賺的利息錢損失掉了。

當初被人民幣高利定存吸引的民眾，現在就能明瞭外匯市場存在著陷阱了。