年内上涨近900点，人民币中间价创一年新高

Core Viewpoint - The Chinese yuan (RMB) has appreciated against the US dollar, with the central parity rate reaching a new high of 7.0995 on October 15, marking the first time it has surpassed the 7.10 threshold since late October 2024 [1][3][4] Exchange Rate Performance - On October 15, the RMB central parity rate was adjusted up by 26 basis points from the previous day's rate of 7.1021, achieving a near one-year high [3] - The onshore and offshore RMB against the US dollar both appreciated, with onshore RMB at 7.1267 (up 0.17%) and offshore RMB at 7.1301 (up 0.14%) [3] - Since the beginning of 2025, both onshore and offshore RMB have appreciated over 2%, specifically 2.37% and 2.82% respectively [3] Dollar Index Movement - The US dollar index fell below 99, reported at 98.8482 on October 15, down 0.21% for the day [4] - Despite a 1% increase in the dollar index since October 2025, it has depreciated nearly 9% overall this year [4] Economic Context - The recent appreciation of the RMB is attributed to the decline of the US dollar and increased external market volatility, which necessitates stronger measures to stabilize the currency market [4][5] - The People's Bank of China (PBOC) emphasizes maintaining a stable RMB exchange rate to support domestic economic stability and external trade [6][7] Future Outlook - Analysts predict that the RMB will continue to operate in a strong position in the short term, with a focus on the dollar's performance and the PBOC's management of the central parity rate [8] - The RMB's future stability is supported by a solid macroeconomic foundation and the anticipated impact of US monetary policy adjustments [7][8]