Share to WeChat
Open WeChat, click “Discovery” at the bottom,
Use “scan” to share the webpage to Moments.
21:46[How to view the recent trend of RMB exchange rate? The Central Bank’s Competent Media: The superposition of short-term factors triggers RMB exchange rate fluctuations]The central bank’s head of the “Financial Times” issued an article saying that recently, RMB exchange rate fluctuations have aroused great concern in the market. On the morning of August 15, the exchange rate of offshore RMB against the US dollar once fell below the 7.30 mark. How do you view the recent trend of RMB exchange rate? What is the next stage of the foreign exchange market situation? Regarding the above-mentioned issues of market concern, most of the interviewed experts said that the recent fluctuations in the RMB exchange rate are mainly affected by multiple internal and external factors, but exchange rate expectations and cross-border capital flows remain relatively stable. The recent weakening of the RMB exchange rate against the US dollar is mainly caused by short-term pressures, including the changes in interest rate differentials brought about by the divergence of monetary policies between China and the United States, and the periodic strengthening of the US dollar exchange rate. In the medium and long term, the RMB exchange rate will continue to maintain basic stability at a reasonable and balanced level, which is supported by solid fundamentals.
2023-08-16 13:46:00
#view #trend #RMB #exchange #rateThe #Central #Banks #Competent #Media #Superposition #Shortterm #Factors #RMB #Exchange #Rate #Fluctuate
