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The RMB exchange rate is expected to exceed 6.6 in the later period

发布时间:[2020-9-17 22:19:35]    浏览量:199次
The rise of the RMB exchange rate is not accidental, it is the result of a combination of various economic and financial factors.

The appreciation trend of the RMB is obvious. According to data released by the China Foreign Exchange Trading Center, on September 16, the central parity of the renminbi against the US dollar reported 6.7825, an increase of 397 basis points, breaking the 6.8 mark for the first time this year.

This round of RMB exchange rate appreciation showed the characteristics of long and rapid appreciation, that is, the appreciation time span is long and the exchange rate rises at a high rate. Moreover, the appreciation of the RMB exchange rate is not accidental. It is the result of a variety of economic and financial factors, which are the result of global monetary easing, the depreciation of the US dollar, China's economy coming out of the shadow of the new crown epidemic, and the sound monetary policy.

In general, the renminbi exchange rate has entered a volatile appreciation channel. If the external environment does not experience a huge shock, it may break through 6.6 in the later period or a high probability event.