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中国经济向好,人民币挑战7.085
EBSCN·2025-10-22 07:55

Economic Indicators - In September, the Consumer Price Index (CPI) in mainland China decreased by 0.3% year-on-year, marking two consecutive months of decline[2] - The core CPI, excluding food and energy, increased by 1% year-on-year, with the growth rate expanding for the fifth consecutive month[2] - The GDP for the third quarter grew by 4.8% year-on-year and 1.1% quarter-on-quarter, both exceeding market expectations[2] - For the first three quarters, the economic growth rate was 5.2%[2] Currency Trends - The offshore RMB initially targeted a level of approximately 7.12 against the USD, reaching a high of about 7.0851 on September 17[1] - Following a slight rise in the USD, the offshore RMB fluctuated around 7.12, with a temporary rise to 7.1535 but failing to break the 50-day moving average[1] - The RMB is expected to test the high of approximately 7.085 again in the fourth quarter, despite uncertainties from U.S. trade policies[1][3] - The People's Bank of China has signaled moderate easing, which may support the RMB as the economy continues to stabilize[3]