Market Overview - In September 2025, the RMB exchange rate fluctuated within the range of 7.1008 to 7.1476, with the onshore rate between 7.1056 and 7.1476, and the offshore rate between 7.1023 and 7.1452[2][3] - The U.S. Federal Reserve lowered the federal funds rate target range by 25 basis points to 4.00%-4.25% on September 17, 2025, while the European Central Bank and other major economies maintained their rates[2][3] Economic Factors - The unexpected decline in U.S. employment data for August, with only 22,000 jobs added versus an expected 75,000, increased expectations for a Fed rate cut in September[3][5] - The successful hosting of the Shanghai Cooperation Organization summit and the 80th anniversary military parade enhanced China's international standing and asset attractiveness[3][5] Future Outlook - The RMB exchange rate is expected to continue fluctuating in the range of 7.00 to 7.25 in October 2025[1][6] - Factors supporting the RMB include China's economic and military advancements, while external uncertainties and potential domestic economic slowdowns pose risks[7]
不确定性增加，人民币或震荡前行
Bei Da Guo Min Jing Ji Yan Jiu Zhong Xin·2025-10-08 04:45