在岸人民币兑美元北京时间16:30官方收报7.1621，较上一交易日官方收盘价跌104点。 （文章来源：第一财经） ...

Core Viewpoint - The A-share market experienced a significant volume increase on August 25, followed by a style shift and adjustments in major indices on August 26, indicating potential volatility and market reactions to external factors [1][2][6]. Market Performance - After the initial drop, the three major indices turned positive by midday, with the Shanghai Composite Index up 0.11%, the Shenzhen Component Index up 0.73%, and the ChiNext Index up 0.21% [2]. - The MSCI China Index adjustment, which included the addition of 14 stocks and the removal of 17, is expected to cause short-term market fluctuations [2][6]. Market Dynamics - The market showed a divergence in performance, with technology stocks underperforming while micro-cap stocks gained strength, as indicated by the micro-cap index rising over 1% [4][6]. - The average stock price rebounded after adjustments, and the trading volume showed a contraction of nearly 240 billion, suggesting a potential for further market movement if volume stabilizes [6]. Currency and Policy Impact - The recent appreciation of the RMB, with a gain of over 500 points since August, is likely to support asset prices in the short to medium term [2][6]. - Changes in real estate policies and expectations of interest rate cuts in the U.S. are contributing to the RMB's strength, which in turn affects market liquidity and stock performance [9]. Future Expectations - Analysts anticipate increased market volatility in September, with the potential for early market reactions to this expectation [8]. - Key variables influencing future market trends include the performance of the RMB and the real estate market, with recent data indicating a decline in housing transactions and prices in major cities [9]. Economic Indicators - The M1 money supply is highlighted as a crucial variable, with current A-share gains driven more by liquidity and market sentiment rather than fundamental improvements [10].

【纠错】 【责任编辑:吴京泽】 100美元 711.88人民币 100欧元 829.8人民币 100日元 4.8344人民币 100港元 91.164人民币 100英镑 960.81人民币 100澳元 462.66人民币 100新西兰元 417.81人民币 100新加坡元 555.19人民币 100瑞士法郎 885.9人民币 100加元 515.26人民币 100人民币113.04澳门元 100人民币58.959马来西亚林吉特 100人民币1128.7俄罗斯卢布 100人民币246.94南非兰特 100人民币19450韩元 100人民币51.442阿联酋迪拉姆 100人民币52.552沙特里亚尔 100人民币4786.59匈牙利福林 100人民币51.323波兰兹罗提 100人民币90.0丹麦克朗 100人民币134.3瑞典克朗 100人民币141.85挪威克朗 100人民币574.058土耳其里拉 100人民币261.95墨西哥比索 100人民币454.14泰铢 新华社北京8月26日电 中国外汇交易中心8月26日受权公布人民币对美元、欧元、日元、港元、英 镑、澳元、新西兰元、新加坡元、瑞士法郎、加元、澳门元 ...

北京商报讯（记者 廖蒙）8月26日，中国人民银行授权中国外汇交易中心公布，当日银行间外汇市场人 民币汇率中间价为1美元对人民币7.1188元，相较前一交易日中间价7.1161元，调贬27基点。 同日，在岸人民币对美元、离岸人民币对美元汇率小幅走贬。截至当日9时35分，在岸人民币对美元报 7.1566，日内贬值幅度为0.08%；离岸人民币对美元报7.1582，日内贬值幅度为0.01%。 ...

Core Points - The central exchange rate of the Chinese yuan against the US dollar is reported at 7.1188, which represents a depreciation of 27 basis points compared to the previous trading day [1] Exchange Rate Summary - The exchange rates for various currencies against the Chinese yuan are as follows: - 1 USD = 7.1188 CNY - 1 EUR = 8.2980 CNY - 100 JPY = 4.8344 CNY - 1 HKD = 0.91164 CNY - 1 GBP = 9.6081 CNY - 1 AUD = 4.6266 CNY - 1 NZD = 4.1781 CNY - 1 SGD = 5.5519 CNY - 1 CHF = 8.8590 CNY - 1 CAD = 5.1526 CNY - 1 MOP = 1.1304 CNY - 1 MYR = 0.58959 CNY - 1 RUB = 11.2870 CNY - 1 ZAR = 2.4694 CNY - 1 KRW = 194.50 CNY - 1 AED = 0.51442 CNY - 1 SAR = 0.52552 CNY - 1 HUF = 47.8659 CNY - 1 PLN = 0.51323 CNY - 1 DKK = 0.9000 CNY - 1 SEK = 1.3430 CNY - 1 NOK = 1.4185 CNY - 1 TRY = 5.74058 CNY - 1 MXN = 2.6195 CNY - 1 THB = 4.5414 CNY [2]

人民币对美元汇率日K线图 ◎记者 黄冰玉 陈佳怡 自上周五美联储主席鲍威尔向全球市场"放鸽"之后，8月25日，在岸人民币对美元汇率强势上涨，开盘 连续升破多个关口，收盘报7.1517，较前一交易日收盘价上涨288个基点。 分析人士认为，人民币走强受美元指数回落、中间价大幅调升及资本市场情绪回暖等多重因素推动。展 望后市，美元指数走势仍是全球外汇市场的关键变量，但当前决定人民币汇率的核心因素仍是内生动 能。在内外因素共同影响下，"稳中有升""双向波动"仍将是人民币汇率走势的主基调。 多重因素支撑走强 8月25日，在岸人民币对美元汇率强势拉升，开盘即升破7.18、7.17两个关口，报7.1685；随后又连续升 破7.16和7.15两个关口；截至16时30分收盘，报7.1517，较前一交易日收盘价上涨288个基点，创2024年 11月以来收盘价新高；日内最高触及7.1480，创下近一个月来盘中新高。 分析人士认为，人民币汇率走强，受到美元走弱、中间价升值、股市走强等多重因素的支撑。 受美联储降息预期升温影响，美元指数大幅回落。鲍威尔当地时间8月22日在杰克逊霍尔全球央行年会 上表示"可能需要调整政策立场"，被广泛解 ...

Core Viewpoint - The People's Bank of China announced an increase in the central parity rate of the RMB against the USD, indicating a strengthening of the RMB and potential positive market sentiment towards Chinese assets [1][5]. Exchange Rate Summary - The central parity rate for USD/CNY was set at 7.1161, up 160 basis points from the previous day's rate of 7.1321, marking the highest level since November 2024 [1][2]. - The onshore RMB closed at 7.1517 against the USD, reflecting an increase of 288 points from the previous trading day [3]. - The Euro and Japanese Yen also saw changes against the RMB, with the Euro rising to 8.3446 (up 466 points) and the Japanese Yen to 4.8480 (up 249 points) [2]. Market Sentiment and Predictions - Analysts suggest that the market's expectation of a potential interest rate cut by the Federal Reserve has increased, which may lead to further appreciation of the RMB [5]. - According to招商证券, if the RMB continues to appreciate and the central bank maintains a market-driven policy, there is a possibility for the RMB exchange rate to return to the 6 range, enhancing the attractiveness of Chinese assets [6].

中经记者 郝亚娟 夏欣 上海、北京报道 8月25日，中国人民银行授权中国外汇交易中心公布，银行间外汇市场人民币汇率中间价为1美元对人民 币7.1161元，相较前一交易日中间价7.1321元，调升160个基点，创2024年11月以来新高。 此前，美联储主席鲍威尔在杰克逊霍尔全球央行年会上发表讲话，暗示尽管当前通胀上行风险依然存 在，但美联储仍可能在未来数月降息。市场对美联储降息的预期升温，多位分析人士认为人民币有望升 值。 总体来看，东方金诚首席宏观分析师王青表示，未来人民币走势主要受三大因素影响：中美经贸对话磋 商进展、美元走势以及国内宏观政策的节奏和力度。鉴于中美围绕高关税问题的磋商过程复杂曲折，人 民币汇率难以持续单边升值，谈判波折或冲击汇率。不过，下半年财政加力、货币宽松以及推动房地产 市场止跌回稳等政策将陆续落地，这些不仅能对冲外部波动对经济的影响，巩固高质量发展基本面，还 将有力支撑人民币汇率，国内稳增长政策持续发力是稳汇率的最大确定性因素。 （编辑：朱紫云 审核：何莎莎 校对：颜京宁） 中国首席经济学家论坛理事长连平分析，人民币有望加快恢复性升值。2025年以来，美元指数累计下滑 超过10%，一度 ...

在岸人民币兑美元北京时间16:30官方收报7.1517，较上一交易日官方收盘价涨288点。（第一财经AI快 讯） ...

Group 1 - The People's Bank of China (PBOC) has significantly strengthened the RMB/USD central parity rate by 160 points to 7.1161, marking a new high since November of last year and the largest adjustment since January of this year [1] - Following the announcement, the offshore RMB surged past the 7.16 level, reaching a near one-month high, indicating an unexpectedly aggressive market response [1] - The adjustment is primarily a reaction to the recent decline of the US dollar rather than a signal for a new round of RMB appreciation, as the central parity was only slightly stronger than market expectations [1] Group 2 - The RMB's strength is not uniform against all currencies, as it has weakened against a basket of currencies (CFETS index), suggesting that the RMB is only strong against the USD [1] - In the short term, the PBOC may prefer a slightly stronger RMB to stabilize investor confidence in the stock market and attract foreign investment, while also sending a friendly signal amid ongoing US-China negotiations [1] - Long-term stability of the RMB's strength will depend on two factors: the pace of US interest rate cuts and the internal economic momentum of China, including stock market stability and export recovery [2] Group 3 - A cautionary note is provided that when the market develops a one-sided expectation of "RMB will only appreciate," it often precedes a reversal, as seen in past trends [2]