Exchange Rate Dynamics - The significant depreciation of the RMB middle rate is primarily due to the substantial appreciation of the USD index, influenced by Japan's new government's stance on interest rates[2] - The RMB's depreciation against the USD does not indicate inherent depreciation pressure on the RMB[2] Economic Support Factors - The RMB exchange rate is receiving stronger support due to the implementation of growth-stabilizing policies since September 24[2] - Economic growth momentum is expected to improve in the fourth quarter, supporting the RMB's recent strength[2] Future Outlook - The RMB is likely to continue its recent strong performance, with the CFETS and other RMB exchange rate indices expected to maintain an upward trend[2] - The RMB will likely exhibit a pattern of inverse fluctuations with the USD, minimizing the potential for large swings in response to USD movements, which is crucial for mitigating external risks[2]
人民币中间价大幅下调走势简评
东方金诚·2024-10-09 02:30