Core Viewpoint - The offshore RMB to USD exchange rate reached a high of 7.04, marking the highest level since October 4, 2024, while the onshore RMB also peaked at 7.04, the highest since October 8, 2024 [1] Group 1: Exchange Rate Movements - The offshore RMB opened at 7.0380 and reached a maximum of 7.0434, with a minimum of 7.0373, reflecting a daily fluctuation of 0.10% [2] - The RMB has shown a year-to-date depreciation of 4.07% against the USD, with a 60-day decline of 1.06% [2] Group 2: Market Analysis - Wang Qing, Chief Macro Analyst at Dongfang Jincheng, stated that a stronger RMB would boost confidence in the capital markets and attract more foreign investment into domestic markets, creating a positive feedback loop with the currency market [2] - The short-term outlook suggests that the RMB will continue to operate in a strong state, with key factors to monitor including USD trends, RMB midpoint adjustment efforts, and domestic growth stabilization policies [2] Group 3: Future Projections - Deutsche Bank forecasts that by the end of 2026, the RMB will appreciate to 6.7 against the USD, and further strengthen to 6.5 by the end of 2027 [3]
人民币兑美元,刷新逾一年来新高
Feng Huang Wang·2025-12-16 05:54