The RMB exchange rate has risen by 288 basis points, driven by both domestic and external factors.

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[Coin World] Since Fed Chairman Powell "signaled dovish" to the global market last Friday, on August 25, the onshore RMB to US dollar exchange rate rose strongly, continuously breaking through multiple levels at the opening, and closing at 7.1517, an increase of 288 basis points compared to the previous trading day's closing price. Analysts believe that the strengthening of the RMB is driven by multiple factors including the decline of the US dollar index, a significant adjustment of the midpoint rate, and a warming of capital market sentiment. Looking ahead, the trend of the US dollar index remains a key variable in the global forex market, but the core factors determining the RMB exchange rate currently still lie in endogenous momentum. Under the joint influence of internal and external factors, "stable with a rise" and "two-way fluctuation" will remain the main tone of the RMB exchange rate trend.

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AirdropworkerZhangvip
· 9h ago
The Fed has softened, and the internal circulation is definitely on track.
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RegenRestorervip
· 9h ago
It seems that the time to buy BTC is coming again.
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SchrodingerWalletvip
· 9h ago
Having money again won't lead to a direct loss, right?
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AirdropSkepticvip
· 9h ago
It's another letdown, not surprised.
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BakedCatFanboyvip
· 9h ago
Three meat sandwiches are not enough to exchange for a knife.
View OriginalReply0
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