Group 1 - The offshore RMB against the USD has surpassed the 7.0 mark, with the central parity rate reported at 7.0392, an increase of 79 basis points [1] - The RMB exchange rate has shown a trend of "initial suppression followed by a rise," attributed to stronger-than-expected Chinese economic performance and a weakening USD [1] - Strong export performance, driven by accumulated demand for foreign exchange settlements as the year-end approaches, has supported the RMB's appreciation [1] Group 2 - The appreciation of the RMB may weaken the price competitiveness of manufacturing enterprises with high export weights, while industries reliant on imported raw materials could benefit from lower costs and improved profits [1] - The recent strengthening of the RMB is seen as favorable for Chinese assets, enhancing the attractiveness of RMB-denominated assets and potentially opening up monetary easing space [2] - Different market institutions have varying predictions for the future of the RMB exchange rate, with some expecting it to hover around the 7.0 mark by 2026, while others anticipate it could rise to the 6.7 to 6.8 range if the USD remains weak [2]
（经济观察）人民币汇率“破7”影响几何 后市怎么走？
Zhong Guo Xin Wen Wang·2025-12-25 07:24