Core Viewpoint - The offshore RMB to USD exchange rate surged, reaching a high of 7.1155, marking the first time it has surpassed 7.12 since November 6, 2024, and creating a new high in nearly 10 months [1] Group 1: Exchange Rate Movements - The offshore RMB appreciated significantly, with a rise of 53 basis points from the opening price and over 130 basis points from the highest point [1] - The onshore RMB also saw an increase, with a minimum of 7.1262, up 4 basis points from the opening price of 7.1302 [1] - The RMB central parity rate was adjusted up by 33 points to 7.1030, the highest since November 6, 2024 [1] Group 2: Influencing Factors - Factors supporting the RMB exchange rate include a balanced exchange rate policy, strong performance in the domestic equity market attracting foreign capital, and rising expectations for a Federal Reserve interest rate cut [1] - The market's focus has shifted towards domestic stimulus policies and easing expectations, enhancing short-term macro upward drivers and significantly boosting domestic risk appetite [1] - The chief macro analyst from Dongfang Jincheng noted that the central parity rate's adjustment has been notably strong, with the deviation from the onshore market price increasing from 0 to 400-500 basis points, aimed at guiding the RMB to appreciate moderately [2]
离岸人民币汇率盘中升破7.12,创近10个月以来新高|快讯
Sou Hu Cai Jing·2025-08-29 05:02