Core Viewpoint - The article discusses the recent fluctuations in the onshore and offshore RMB against the USD, highlighting the impact of the Federal Reserve's monetary policy on the dollar's future trajectory [1]. Currency Exchange Rates - On August 20, the onshore RMB opened slightly lower at 7.1865 against the USD, compared to the previous day's closing rate of 7.1820 [1]. - As of 9:30 AM, the offshore RMB was quoted at 7.19168 against the USD [1]. - The RMB's central parity rate against the USD was set at 7.1384, which is a decrease of 25 basis points from the previous trading day [1]. Dollar Index - The USD index was fluctuating above the 98 mark, reported at 98.3926 as of 9:30 AM [1]. Future Outlook - HSBC China indicated that the future movement of the USD will largely depend on the Federal Reserve's monetary policy stance and the potential candidates for the next chairperson [1]. - With the Federal Reserve resuming interest rate cuts, cyclical factors may become more dominant in influencing the dollar's performance [1].
在岸人民币对美元开盘微跌 报7.1865
Sou Hu Cai Jing·2025-08-20 02:07