人民币升破7.15，机构：或重回6时代

Core Viewpoint - The Chinese yuan has strengthened against the US dollar, with the central bank's midpoint rate reaching a new high since November 2024, indicating potential for further appreciation and a return to the 6 range if market conditions remain favorable [1][2]. Group 1: Currency Exchange Rates - As of August 25, the midpoint exchange rate for the yuan was set at 7.1161 per US dollar, an increase of 160 basis points from the previous day's rate of 7.1321 [1]. - The onshore yuan closed at 7.1517 against the dollar, rising by 288 points compared to the previous trading day [1]. Group 2: Market Expectations - The US dollar index has been hovering below 98, influenced by Federal Reserve Chairman Jerome Powell's comments suggesting possible interest rate cuts in the coming months, which has led to a significant drop in the dollar index [2]. - Analysts expect the yuan to appreciate further due to rising market expectations for Fed rate cuts, with predictions that the yuan's settlement scale may increase around the time of the September FOMC meeting [2]. - According to招商证券, if the central bank continues to implement market-based adjustments, there is a strong likelihood that the yuan could return to the 6 range, enhancing the attractiveness of Chinese assets [2].