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Rising more than 700 basis points RMB continues to "surge"
On August 5th, the market exchange rate of the RMB against the US dollar continued to rise sharply at the opening of this morning. Fan Ruoying, a researcher at the Bank of China Research Institute, analyzed that one of the reasons for the recent surge in the RMB exchange rate is the weakening of the US dollar index. Due to the increasing downward pressure on the US economy and the certainty of the decline in inflation, the Federal Reserve's latest statement has changed from "eagle" to "dove", an...
2024-08-05 01:53:26
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