RMB/USD central parity rate increase94Points

Huitong Network1month12Daily News - Thursday(1month12day)According to data from the People's Bank of China, the central parity rate between the Chinese yuan and the US dollar is reported6.9141Yuan, reaching its strongest level in nearly a week. RMB/USD central parity rate increase94Points or0.14%, for1month6The strongest in recent days.

The central parity rate of the Chinese yuan has risen to a one week high, putting pressure on the US dollar after Trump's press conference

After US President elect Trump held his first press conference after winning the election, the US dollar index fell under pressure. Trump did not announce the specific content of the economic stimulus plan, including trade and infrastructure construction, at the press conference held that day, which disappointed the market. Overnight, the trend of the renminbi was boosted, and offshore renminbi surged close to the New York period200Basis points.

After a significant fluctuation last week, the renminbi has gradually stabilized this week. Analysts say that the short-term long short game of the RMB exchange rate is expected to continue, and the RMB exchange rate may continue to fluctuate in the near future.

[Morning trend]

Beijing Time9:33The USD/offshore RMB fluctuated and climbed, recovering some of the decline from the previous trading day. The intraday volatility remained at100Near the point, the current exchange rate is trading at6.8941Near.
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