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The central parity rate of the RMB rose sharply, and experts say that the trend of the RMB will be more stable in the future

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2025-05-26 05:25:19
According to Jin Ten data, the central parity rate of the RMB against the US dollar rose by 86 basis points to 7.1833, the highest since April 2 and the largest since January 21.
Wang Qing, chief macro analyst of Dongfang Jincheng, analyzed that the recent strengthening of the RMB exchange rate is mainly affected by two factors: First, the depreciation of the US dollar has promoted the passive appreciation of the RMB against the US dollar, and the market's pessimistic expectations of the increase in the US government's fiscal deficit and debt have intensified, resulting in the recent sharp decline of the US dollar index again, which is promoting the general appreciation of non-US currencies including the RMB; second, the recent domestic stepped up implementation of more active macro policies has enhanced the resilience of the domestic macro economy against external fluctuations and formed internal support for the RMB exchange rate. Wang Qing judged that in the future, the RMB is more likely to have a two-way fluctuation process opposite to the trend of the US dollar, but the fluctuation range is relatively small. Compared with other major currencies, the trend of the RMB
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