“RMB vs. USD Exchange Rate Fluctuations and Factors Contributing to Recent Weakness: Analysis and Forecast”
The exchange rate of RMB against the U.S. dollar has entered a period of large fluctuations. According to the foreign exchange trading center, on May 25, the central parity rate of the RMB against the U.S. dollar in the inter-bank foreign exchange market was 7.0529 yuan, an increase of 31 basis points from the previous … Read more