创1年多新高，人民币对美元即期汇率升破7.10关口

Core Viewpoint - The Chinese Yuan (CNY) has strengthened against the US Dollar (USD), reaching a one-year high as the USD index declines, with the onshore CNY/USD exchange rate breaking key psychological levels [1][3]. Exchange Rate Movements - On November 13, the CNY/USD exchange rate rose to 7.0959, an increase of 213 basis points from the previous trading day, marking the highest level since mid-October 2024 [1]. - The offshore CNY/USD rate also surpassed the 7.10 mark, reaching a monthly high of 7.09400 [2]. USD Index Performance - The USD index reversed its upward trend, dropping to a low of 99.2914, reflecting a decline of over 0.15% [3]. Monetary Policy Insights - The People's Bank of China (PBOC) emphasized maintaining a managed floating exchange rate system based on market supply and demand, aiming for stability in the CNY exchange rate [3]. Analyst Predictions - Analysts predict that the CNY will remain strong in the short term, with a focus on USD trends and the PBOC's intervention in the CNY midpoint rate. The CNY is expected to maintain a stable trajectory with limited volatility against the USD, with a low likelihood of breaking the 7.0 level before year-end [4].