Group 1 - The onshore RMB against the USD has strengthened, breaking the 7.0 mark for the first time since May 2023, with a rise from approximately 7.35 to around 7.01 since April 2025 [1] - The offshore RMB also broke the 7.0 mark on December 25, marking the first occurrence since September 2024 [1] - Factors driving the recent strength of the RMB include increased expectations for US Federal Reserve interest rate cuts, leading to a decline in the US dollar index by about 2.0% since late November, and a resilient Chinese economy that has prompted foreign institutions to raise their growth forecasts for China [1] Group 2 - The Central Economic Work Conference emphasized maintaining the RMB exchange rate at a reasonable and balanced level, with a focus on preventing excessive fluctuations [2] - The People's Bank of China highlighted the need for a dual-directional fluctuation and increased elasticity of the RMB exchange rate as a norm, aiming to enhance the resilience of the foreign exchange market and stabilize market expectations [2]
如何看待近期人民币汇率持续走强
Ren Min Ri Bao·2025-12-30 22:10