The Central Parity Of RMB Against The US Dollar Has Risen By 6.4.
RMB to us dollar exchange rate
Middle price
11 daily 6.3391, a record high since 2005.
Analysts believe that the strong foreign trade data and the pressure of inflation control are still the main force to promote the rapid appreciation of RMB. The trend of RMB strengthening is expected to continue in the near future.
The announcement of the China Foreign Exchange Trading Center shows that 11 yuan is worth against the US dollar.
exchange rate
The middle price rose by 176 basis points on the basis of 6.4335 of the previous trading day, at 6.3391, setting a new high since 2005.
When the exchange rate was announced at 8.11 in July 2005, the appreciation rate of RMB against the US dollar was 26.7%, and the appreciation rate since 2011 has reached 3.49%.
On the 11 day, the spot exchange rate of RMB against the US dollar in the inquiry trading market also rose sharply, closing at 6.3945, up 236 basis points from the previous trading day, or 0.37%, and reached a record high of 6.3895 in the market.
Overseas investors' appreciation of RMB
Expect
It has also risen sharply, and the US dollar has fallen sharply against the 1 year NDF offer in the offshore non deliverable forward foreign exchange market, and once fell below the 6.30 mark, which has remained stable at 6.39 front-line for some time.
Market participants said that the sharp appreciation of the RMB exchange rate against the US dollar on the 11 day came up after the overnight dollar index rose more than 1%.
appreciation
The characteristics of initiative.
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