The US dollar rises overnight, and calculated according to the mechanism of the middle price of the renminbi. The intermediate price that does not contain counter -cyclical factor should be weaker than 7.2242 yuan at 16:30 Beijing time on Wednesday (19th)A significant decline than on Wednesday.Whether the medium price is still scheduled to be near 7.11 yuan today will become the focus of attention.
According to Bloomberg, overnight, the US dollar appreciated by most currencies, and after the offshore RMB fell sharply, it touched the lowest point since the launch of the transaction in August 2010, and at the beginning of Thursday, it was close to the 7.28 yuan mark.The surge in US debt yields and the plunge in the U.S. -China stocks constitute a downward pressure on exchange rates.As of Wednesday, the middle price of the RMB has been significantly stronger than the market forecast on the market for 35 consecutive days.
Irene Cheung, a senior foreign exchange strategist of Australia and New Bank, said in an interview that if the middle price is still stable at 7.11 yuan, it meansTo 7.26 yuan.The middle price prediction value that does not include counter -cyclical factor is 7.2444 yuan.
She believes: "If the exchange rate is approaching 7.26 yuan, the central bank may continue to warn speculation and require traders to maintain the authority of the middle price." At presentThe exchange rate does not rule out that the central bank will liberalize the middle price after the 20th National Congress of the Communist Party of China and put it below the current stable range. However, it is necessary to see whether it is to introduce policies to stimulate the economy and boost market sentiment after the meeting.
