Core Viewpoint - The recent appreciation of the Renminbi (RMB) against the US dollar is attributed to several factors, including anticipated interest rate cuts by the US Federal Reserve, the resolution of trade uncertainties, and strong export performance from China [13][17][19]. Group 1: Factors Influencing RMB Appreciation - The expectation of more interest rate cuts by the US Federal Reserve, driven by President Trump's influence, is leading to a depreciation of the US dollar, which in turn supports the appreciation of the RMB [13][15]. - The resolution of trade tensions between the US and China, with potential tariff reductions, has decreased uncertainty and contributed to the stability and appreciation of the RMB [17]. - China's strong export performance and trade surplus are significant factors supporting the RMB's strength [19]. Group 2: Currency Management and Stability - China aims to maintain the RMB at a reasonable and balanced level, using a managed floating exchange rate system that references a basket of currencies [21]. - The direct quotation method is employed in China, where the exchange rate is expressed in terms of how many units of domestic currency are needed to purchase one unit of foreign currency [24].
人民币创新高?1分钟搞懂汇率啥意思!
Sou Hu Cai Jing·2025-12-05 03:02