创出新高！在岸、离岸人民币汇率均升破6.87关口｜快讯

Core Viewpoint - The Chinese yuan has shown a strong upward trend since the beginning of 2026, with both onshore and offshore yuan breaking the 6.87 mark against the US dollar on February 25, reaching new highs [2]. Group 1: Exchange Rate Performance - On February 25, the onshore yuan reached a low of 6.8622 against the US dollar, appreciating over 200 basis points from the previous trading day [2]. - The offshore yuan also demonstrated strength, peaking at 6.8619, which is an increase of 180 basis points from the prior day [2]. - The central parity rate for the yuan against the US dollar was reported at 6.9231, an increase of 93 basis points on the same day [2]. Group 2: Influencing Factors - The appreciation of the yuan is attributed to the stabilization of China-US economic and trade relations since November 2025, improving the overall external environment for China [2]. - Recent developments, including a criminal investigation into Federal Reserve Chairman Jerome Powell, have put pressure on the US dollar, contributing to the yuan's strength [2]. - The demand for currency settlement from high export growth has accelerated following the continuous appreciation of the yuan against the US dollar [2]. Group 3: Market Sentiment and Future Outlook - The recent strong performance of the offshore yuan has contributed to a positive market sentiment, which is a significant factor in the yuan's upward trajectory [3]. - Analysts predict that if the yuan experiences sharp fluctuations that diverge from fundamental values in 2026, regulatory measures will be implemented to stabilize the market [3]. - The expected trading range for the yuan against the US dollar in 2026 is projected to oscillate between 7.0 and 7.2 [3].