离岸人民币对美元升破7.02关口 刷新14个月新高！

Group 1 - The offshore RMB has risen above the 7.02 mark against the USD for the first time since October 2024, while the onshore RMB has surpassed 7.03, indicating a significant appreciation driven by a weaker dollar and seasonal factors [1] - The weakening of the dollar is attributed to the Federal Reserve's interest rate cuts, which have led to a decline in the dollar index, providing long-term appreciation space for the RMB [1] - The year-end "settlement tide" is a key support for the RMB's strength, as increased corporate settlement demand is expected to accelerate the release of accumulated settlement needs [1] Group 2 - The RMB is now the fourth largest payment currency globally and the third in trade financing, with international investors increasingly seeking RMB financing, driven by fundamental market demand [2] - Significant issuance of offshore RMB bonds has been reported, including a 2 billion RMB bond by Kazakhstan's Development Bank and a 6 billion RMB bond by the Indonesian government, marking a milestone in the internationalization of the RMB [2][3] - The People's Bank of China has announced new measures to optimize foreign investment, including enhancing the "Bond Connect" mechanism, which supports domestic investors in expanding offshore bond market investment channels [3]