Group 1 - The onshore RMB against the USD reached a new high, with the exchange rate peaking at 6.8804 on October 24, marking the highest level since April 28, 2023 [1] - The offshore RMB also saw a peak at 6.8760, indicating a shift from depreciation to appreciation [1] - The improvement in the external environment, particularly the stabilization of China-US trade relations since November 2025, is a significant factor contributing to the RMB's strength [1] Group 2 - The weakness of the USD has created space for non-USD currencies to appreciate, influenced by the ongoing criminal investigation into the Federal Reserve Chairman and the pressure on the dollar [1] - Seasonal demand for corporate foreign exchange settlements is also supporting the RMB's appreciation, as high export growth has led to increased settlement demand [1] - The sentiment in the foreign exchange market has been positive, with the offshore RMB leading the way, further boosting the RMB's strong performance [1][2]
在岸、离岸人民币续创2023年4月以来升值高点
Sou Hu Cai Jing·2026-02-24 13:52