Group 1 - The core viewpoint of the article highlights the continuous appreciation of the Chinese yuan against the US dollar, with both onshore and offshore rates breaking through 7.08 [1][3] - The People's Bank of China announced that the central parity rate of the yuan against the dollar was set at 7.0796, an increase of 30 basis points from the previous trading day, with a year-to-date increase of over 1000 basis points [3] - The main reasons for the yuan's appreciation include a strong adjustment of the yuan's central parity rate and better-than-expected export performance, which has boosted market confidence in the yuan [3] Group 2 - Analysts expect the yuan's exchange rate to remain stable, with limited volatility against the dollar, and do not foresee a rapid appreciation above 7.0 before the end of the year [4] - There is an expectation of continued resilience in the yuan due to high cross-border capital inflows and strong willingness to exchange currency, although short-term fluctuations may occur due to factors like purchase quotas [4] - A forecast suggests that the yuan may experience moderate appreciation by 2026, assuming no unexpected changes in export performance [5]
在岸、离岸双双突破7.08 人民币继续走强
Zhong Guo Ji Jin Bao·2025-11-26 15:45