Core Viewpoint - The recent stability of the RMB against major currencies is attributed to a lack of significant fluctuations, with the overall market sentiment being calm and steady [1][3]. Group 1: Current Exchange Rate Trends - The RMB has been stable, with major currencies showing only minor fluctuations, indicating no significant appreciation or depreciation [1]. - The USD is currently around 7.08, with no drastic changes noted, making it slightly more expensive than before but not excessively so [1]. - The Euro remains weak against the RMB due to ongoing economic recovery challenges in Europe [1]. - The Japanese Yen has shown some strength, influenced by market risk aversion, while the British Pound remains relatively stable post-Brexit [1]. Group 2: Factors Influencing Exchange Rates - The exchange rate stability is supported by three main factors: 1. **Internal Economic Conditions**: Recent improvements in domestic manufacturing and foreign trade have provided a solid foundation for the RMB [3][5]. 2. **Foreign Investment Attitude**: Increased foreign interest in domestic bonds indicates confidence in the RMB's stability [5][6]. 3. **Policy Measures**: The central bank's approach to maintaining a balanced exchange rate helps stabilize market expectations and emotions [7][8]. Group 3: External Influences - External factors that could impact the exchange rate include: 1. **Uncertain U.S. Policies**: Fluctuating inflation data in the U.S. and potential hawkish stances from the Federal Reserve could strengthen the USD [10][11]. 2. **Global Trade Tensions**: Changes in trade policies may affect export arrangements, leading to short-term market volatility [12]. 3. **Yen Movements**: The performance of the Yen can influence other regional currencies, including the RMB, due to market interconnections [13].

Currency Exchange Rate Analysis - The exchange rate of the Chinese Yuan (CNY) against the US Dollar (USD) is 7.1526, showing a slight appreciation compared to the previous day, which is favorable for families traveling to the US or sending children to study there [1] - The Euro (EUR) exchange rate stands at 8.3157, indicating a higher travel cost for those visiting European countries, suggesting travelers consider exchange promotions or using credit cards for transactions [1] - The Japanese Yen (JPY) is at 4.8134 for 100 JPY, presenting a good opportunity for purchasing Japanese goods, with local card usage and tax refunds being more economical than cash exchange [2] - The British Pound (GBP) is at 9.5948, increasing the cost for students studying in the UK, recommending a staggered exchange strategy to mitigate potential losses [2] - The Australian Dollar (AUD) and Canadian Dollar (CAD) are at 4.6733 and 5.2242 respectively, both showing slight depreciation, which is beneficial for students and travelers to Australia and Canada [2] Regional Currency Exchange Rates - The exchange rate for the Macanese Pataca (MOP) is 1.1309, and for the Malaysian Ringgit (MYR) it is 0.59275, providing reference points for travelers to Macau and Malaysia [5] - The South Korean Won (KRW) is at 193.31, indicating stability for those purchasing beauty products in South Korea [5] - The Swedish Krona (SEK) and Norwegian Krone (NOK) are at 1.3547 and 1.4286 respectively, suggesting travelers to Northern Europe should carefully calculate expenses and compare exchange options [5] Currency Exchange Tips - It is advisable to exchange currency in batches to spread the risk associated with exchange rate fluctuations [9] - Monitoring the bank's exchange rates and choosing banks with lower fees for currency exchange is recommended [9] - Using credit cards for overseas transactions may offer real-time exchange rates that could be more favorable than cash exchange [9]