The RMB Exchange Rate Has Even Reached A New High With The US Dollar.
The latest data from China Foreign Exchange Trading Center show that in April 7th
RMB
Against US dollar
Exchange rate intermediate price
Reported 6.5456, fourth consecutive trading days hit a new high since the reform.
On the previous day, the central parity rate of RMB against the US dollar was 6.5496.
The market expects the ECB to raise interest rates by 25 basis points on the 7 day, supporting the euro, and raising the risk preference of European and American stock markets, and the US dollar continues to fall in the international exchange market.
Against this background, the central parity of the RMB against the US dollar has reached a new high since fourth consecutive trading days.
The RMB has strengthened in recent days, making the market to RMB.
appreciation
The acceleration of speed is expected to increase.
Liu Dongliang, a foreign exchange analyst at China Merchants Bank (600036), said that the rise in the central parity rate of the RMB exchange rate slowed down in March due to external uncertainties such as the Japanese earthquake and the turmoil in the Middle East and North Africa. However, it is expected that the appreciation rate will be accelerated in April this year and the 5% increase in the whole year will remain unchanged.
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The Central Parity Of RMB Against The US Dollar Was Reported To Be 6.5456&Nbsp, And The Four Consecutive Trading Day Was A Record High.
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