在岸人民币对美元升破7.0，创2023年5月以来新高

Core Viewpoint - The article discusses the recent appreciation of the Renminbi (RMB) against the US dollar, highlighting its potential for continued strengthening in the coming years due to various economic factors. Exchange Rate Trends - On December 30, 2023, the onshore RMB against the US dollar broke the 7.0 mark, reaching 6.9961, the highest since May 17, 2023 [1] - The offshore RMB also surpassed the 7.0 threshold, reported at 6.99126 [1] Future Projections for RMB - By 2025, the RMB is expected to experience a two-phase trend: initially depreciating from 7.30 to 7.35 (a 0.7% decline) before appreciating to 7.01 (a 4.6% increase) by the end of the year [3] - Factors contributing to this appreciation include strong export resilience, a potential agreement on tariff reductions between China and the US, and a shift in international investor confidence away from US dollar assets [3] 2026 Outlook - The dollar index is projected to experience slight depreciation, while the RMB is expected to continue its steady appreciation against the dollar [4] - Key reasons for this anticipated trend include strong performance in China's export sector, continued implementation of proactive fiscal and stable monetary policies, and a favorable investment climate in the Chinese stock market [5] - The expectation of RMB appreciation may accelerate the conversion of export earnings into RMB, further supporting its value against the dollar [5]