中國央行宣佈人民幣貶值1.9%大綱
China's central bank devalued its currency Tuesday in what it said was a one-time move to make rates more market-oriented.
中國的中央銀行星期二宣佈人民幣貶值，同時表示這是一次性舉措，目的是讓人民幣匯率更符合市場狀況。
The yuan is allowed to fluctuate 2 percent above or below a central point set daily by the People's Bank of China (PBOC). The PBOC cut the central rate by 1.9 percent as a result of the change that it said would enhance "the market-orientation and benchmark status of central parity."
按照規定，人民幣匯率可在中國人民銀行每天設定的中間價上下2%區間浮動。中國人民銀行因此將人民幣匯率中間價降低了1.9%，並稱此舉會增強“以市場爲導向和中間價的基準地位。”
Beginning Tuesday, the PBOC said the central point would reflect the previous day's closing price "in conjunction with demand and supply condition in the foreign exchange market and exchange rate movement of the major currencies."
中國人民銀行說，從星期二開始，人民幣中間價將反映上一天的收盤價，並綜合考慮外匯市場的供求狀況以及各主要貨幣匯率的浮動情況。
A drop in the yuan will make China's exports cheaper overseas. Tuesday's move follows the announcement that July exports were down more than 8 percent from the same time last year.
人民幣貶值將使中國出口產品的價格更低。在中國人民銀行星期二決定人民幣貶值之前，中國公佈的數據顯示7月份出口額比去年同期減少8%以上。
