Core Viewpoint - The short-term outlook for the Renminbi (RMB) exchange rate is expected to remain strong, while long-term factors indicate potential downward pressure on the US dollar index due to Federal Reserve rate cuts and the impact of tariff policies on the US economy [1] Group 1: International Factors - The Federal Reserve is anticipated to resume interest rate cuts, which will contribute to downward pressure on the US dollar index [1] - The significant decline of the US dollar in the first half of the year suggests that it may exhibit strong resilience against further depreciation in the future [1] Group 2: Domestic Factors - External fluctuations are likely to gradually impact China's exports, but the implementation of counter-cyclical adjustment policies will ensure basic stability in economic operations [1] - There is ample policy space available to support economic stability, which will help maintain the RMB's exchange rate against the US dollar [1] Group 3: Exchange Rate Outlook - The RMB is expected to maintain a stable exchange rate against the US dollar, with limited risks of significant appreciation or depreciation in the near future [1]
专家:人民币汇率短期或偏强运行
Sou Hu Cai Jing·2025-08-26 23:21