Core Viewpoint - The People's Bank of China has announced the central exchange rates of the Renminbi against various currencies as of January 5, indicating the current market valuation of the Renminbi against major global currencies [1] Currency Exchange Rates - The central exchange rate for 100 US dollars is set at 702.3 Renminbi [1] - The central exchange rate for 100 euros is set at 820.27 Renminbi [1] - The central exchange rate for 100 Japanese yen is set at 4.4660 Renminbi [1] - The central exchange rate for 100 Hong Kong dollars is set at 90.141 Renminbi [1] - The central exchange rate for 100 British pounds is set at 941.68 Renminbi [1] - The central exchange rate for 100 Australian dollars is set at 468.17 Renminbi [1] - The central exchange rate for 100 New Zealand dollars is set at 403.07 Renminbi [1] - The central exchange rate for 100 Singapore dollars is set at 544.28 Renminbi [1] - The central exchange rate for 100 Swiss francs is set at 883.42 Renminbi [1] - The central exchange rate for 100 Canadian dollars is set at 509.45 Renminbi [1] - The central exchange rate for 100 Renminbi is 114.35 Macanese Patacas [1] - The central exchange rate for 100 Renminbi is 57.882 Malaysian Ringgits [1] - The central exchange rate for 100 Renminbi is 1149.24 Russian Rubles [1] - The central exchange rate for 100 Renminbi is 235.39 South African Rand [1] - The central exchange rate for 100 Renminbi is 20648 South Korean Won [1] - The central exchange rate for 100 Renminbi is 52.46 UAE Dirhams [1] - The central exchange rate for 100 Renminbi is 53.568 Saudi Riyals [1] - The central exchange rate for 100 Renminbi is 4678.37 Hungarian Forints [1] - The central exchange rate for 100 Renminbi is 51.332 Polish Zlotys [1] - The central exchange rate for 100 Renminbi is 91.12 Danish Krone [1] - The central exchange rate for 100 Renminbi is 131.77 Swedish Krona [1] - The central exchange rate for 100 Renminbi is 143.81 Norwegian Krone [1] - The central exchange rate for 100 Renminbi is 614.53 Turkish Lira [1] - The central exchange rate for 100 Renminbi is 255.57 Mexican Pesos [1] - The central exchange rate for 100 Renminbi is 450.08 Thai Baht [1]

Group 1 - ANZ forecasts Malaysia's GDP to grow by 4.5% in 2026, driven by strong domestic demand, AI-driven electronic exports, and prudent fiscal policies focusing on tax reform and spending restraint, with the ringgit expected to strengthen to 4.00 against the USD by year-end [1] - Maybank Securities predicts the Philippine peso may weaken in the second half of 2026 due to a stronger USD and ongoing domestic negative factors, including corruption scandals affecting government spending and foreign investment confidence, potentially leading to an additional 50 basis points rate cut by the central bank [1] - LPL Financial's chief economist suggests that current inflation above target is temporary, with demand cooling in the coming months expected to ease price pressures, providing relief for the market [1] Group 2 - Bank of America notes that tariffs are raising goods inflation while healthcare factors may lead to a slowdown in services inflation, potentially prompting the Federal Reserve to maintain rates in January [2] - Bank of America highlights India as a leading AI consumer market due to low data costs and a large young population, although local startups face increased competition from international giants [2] - Yuanta Bank's economist emphasizes that relying solely on non-core measures will not curb the depreciation of the Korean won, urging authorities to take substantial actions to stabilize the currency [2] Group 3 - Zerohedge reports that large withdrawals from JPMorgan are disrupting liquidity across the U.S., reminiscent of the 2019 repo market crisis, prompting the Federal Reserve to consider "light QE" measures [3] - State Street indicates that the recent weakness of the USD is primarily due to U.S. investors significantly reducing their overseas investment currency hedging, rather than foreign capital increasing U.S. asset holdings [3]

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]

Group 1: Asian Currency Surge - The New Taiwan Dollar surged 4.6% against the US dollar, reaching a high of 29.64, the highest since June 2022, with a weekly appreciation of 5.5% [1] - The Malaysian Ringgit and Philippine Peso also saw gains, with the Peso rising 0.3% to 55.465, the highest since September 2024 [1] - The offshore Chinese Yuan broke the 7.20 mark against the US dollar for the first time since November, with a two-day increase of nearly 900 points [1] Group 2: Factors Behind Currency Movement - Key factors driving the rise in Asian currencies include the increasing probability of a US economic recession, which may lead to lower interest rates [3] - Exporters are anticipating further depreciation of the US dollar, prompting them to sell off their dollar holdings [3] - Positive economic fundamentals in Asia, such as record travel data from China, are expected to inject more growth momentum [3] - Increased foreign exchange hedging operations by Taiwanese life insurance companies are also contributing to the currency strength [3] Group 3: Dollar Index Trends - The US dollar index has dropped below the 100 mark, currently at 99.6386, with an 8% decline this year, raising questions about the potential onset of a new bear market [4][6] - Historical trends indicate that the dollar index has experienced multiple bull and bear cycles, with the current period potentially signaling a shift [6] Group 4: Oil Market Dynamics - WTI crude oil opened down 5% due to OPEC+ announcing an increase in production by 411,000 barrels per day [7][9] - Major investment banks have revised their oil price forecasts downward, with Goldman Sachs predicting an average Brent crude price of $60 per barrel for 2025 [9] - The market is anticipating an oversupply of oil, leading to a potential price war and increased volatility in the oil sector [12]

Core Points - The central viewpoint of the article is the fluctuation of the Renminbi (RMB) exchange rates against various currencies as of April 30, 2025, indicating a general appreciation of the RMB against most currencies [1] Exchange Rate Summary - USD/RMB is reported at 7.2014, down by 15 points, indicating an appreciation of the RMB [1] - EUR/RMB is reported at 8.2250, down by 120 points [1] - HKD/RMB is reported at 0.92813, down by 4 points [1] - GBP/RMB is reported at 9.6867, down by 149 points [1] - AUD/RMB is reported at 4.6177, down by 290 points [1] - CAD/RMB is reported at 5.2298, up by 1 point [1] - JPY/RMB is reported at 5.0872, down by 25 points [1] - RMB/RUB is reported at 11.2833, down by 679 points [1] - NZD/RMB is reported at 4.2996, down by 229 points [1] - RMB/MYR is reported at 0.59837, down by 33.1 points [1] - CHF/RMB is reported at 8.7640, down by 231 points [1] - SGD/RMB is reported at 5.5219, up by 40 points [1]