Central Parity Of RMB Against The U.S. Dollar Refreshed Nearly 7 Months Low

< p > in the background of a marked rebound in the second consecutive trading days of overnight dollar, the central parity of the RMB against the US dollar in April 15th was downright, and hit a new low in the past 7 months.

According to the China foreign exchange trading center, the RMB exchange rate between the RMB and the US dollar in the interbank foreign exchange market in April 15th was 6.1571, down 40 basis points from the previous trading day, the lowest level since September 18th last year.

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In the overnight foreign exchange market (P), the US dollar index has gained second consecutive trading days, thanks to the strong performance of the latest US economic data and the three major investment banks raising the US economic forecast.

The data showed that the US retail sales grew more than expected in March, and recorded the largest monthly increase since September 2012, making the market confidence in the US economic recovery.

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< p > then, the three major investment banks, including Morgan Stanley, Barclay and Goldman Sachs, continued to raise the us a href= "//www.sjfzxm.com/news/index_c.asp" > GDP < /a > growth expectations in the first quarter, which further stimulated the US dollar to become more emotional.

At the end of New York's foreign exchange market, the US dollar index was 79.76, up 0.34% from the previous trading day.

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< p > the interbank < a href= "//www.sjfzxm.com/news/index_c.asp" > spot foreign exchange < /a > market, on the 14 day, by the strength of the US dollar, the spot exchange rate of RMB against the US dollar fell sharply at the end of the day, closing at 6.2191 on the same day, down 78 basis points or 0.13% from the previous day's closing.

In the early morning of 15, the spot rate was driven by the reduction in the intermediate price, and the market opened at 69 basis points at 6.2260.

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< p > market participants say that the short-term RMB exchange rate will continue to bear pressure in the background of short-term rebound in the US dollar and the upcoming a href= "//www.sjfzxm.com/news/index_c.asp" > economic data < /a > in the first quarter of the year. On the other hand, the view of RMB appreciation in the medium and long term is still the mainstream, thus restraining the depreciation of the RMB.

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< p > overall, it is expected that the RMB exchange rate will continue to show two-way fluctuation and broad fluctuation in the near future.

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< p > 15, the other major currencies in the foreign exchange market, the other major currencies, the middle price of the RMB exchange rate: 1 euros to RMB 8.5082 yuan, 100 yen to RMB 6.0646 yuan, 1 Hong Kong dollars to RMB 0.79408 yuan, 1 pounds to RMB 10.2996 yuan, 1 Australian dollar to RMB 5.8121 yuan, 5.8121 New Zealand dollar to RMB yuan, Canadian dollar to RMB yuan, RMB yuan to lringgit, RMB yuan to the Russian Russian rouble.

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