The exchange rate of the shore and offshore RMB once fell below 7.21 and 7.22

With the US dollar index reinstated to the 100 mark, the exchange rate of the US dollar on the shore and offshore declined continuously this week.

According to the surging news report, Wednesday (July 19), the RMB -Pacific US dollar exchange rate fell below the 7.20 mark, and then further fell below the 7.21 mark, the lowest in the market was to 7.2188, compared with the previous transactionThe closing price of 7.1717 fell more than 400 points.

In the offshore market, more offshore RMB's exchange rates that reflect the expected international investors have fallen below 7.20, 7.21 and 7.22 on July 19, the lowest in the market is 7.2262, which is compared to 7.2262The daily decline of more than 300 points.

Tianfeng Securities analysis pointed out that compared with the trend of the US dollar index, it can be clearly seen that the RMB trend has a closer relationship with China's domestic macro expectations.For execution, the follow -up trend of the RMB exchange rate is still possible.