Group 1 - The recent strengthening of the RMB against the USD is driven by multiple internal and external factors, including a weaker USD index and strong domestic equity market performance attracting foreign capital inflow [1][2] - The RMB's appreciation is also influenced by the acceleration of the RMB/USD central parity rate and the issuance of offshore RMB central bank bills, which may tighten offshore RMB liquidity [2][3] - China's economic recovery and improving fundamentals provide long-term support for the stability of the RMB exchange rate, with policies promoting consumption and innovation contributing to market confidence [3][4] Group 2 - The People's Bank of China emphasizes the importance of monitoring cross-border capital flows and maintaining the RMB exchange rate at a reasonable and balanced level [4] - Analysts predict that the RMB exchange rate will likely continue to exhibit a trend of "stability with an upward bias" and "two-way fluctuations" in the future [4] - Companies are advised to adapt to the normalcy of exchange rate fluctuations and manage foreign exchange risk exposure within reasonable limits to avoid impacting normal operations [4]
人民币逼近7.1关口 多因素支撑汇率走强
Zhong Guo Jing Ji Wang·2025-09-12 00:32