The US presidential election affects the exchange market, and the RMB against the US dollar exchange rate on Monday (November 4) has jumped to a three -week high.

Reuters reported on Monday that the renminbi was regarded as the forefront of the market's response to the US presidential election, especially if Republican candidate Trump was elected because he promised that once he took officeTariffs.

Reports pointed out that the presidential election of the United States this week may be reduced, and the Standing Committee of the Chinese People's Congress is holding a meeting in Beijing, the implicit volatility of the RMB reaches a historical high.

The exchange rate of the RMB against the US dollar rose by about 0.5%to 7.0858. If this increase continues to maintain, it will be the largest single -day increase in RMB three months.This trend has made the RMB exchange rate break through its 50 -day mobile average, and is synchronized with the market's extensive decline in the market's confidence in Trump's confidence in the US presidential election.

According to the 21st Century Business Herald, the RMB exchange rate ushered in a significant increase on Monday, and the exchange rate of offshore RMB against the US dollar exceeded the 7.10 mark. For the first time since October 15, the largest increase in the day was nearly 500 points.At the same time, the exchange rate of the RMB against the US dollar also performed strongly, and the daily increase was nearly 300 points.

Behind the rise of the RMB is the tragic killing of the US dollar index.The US dollar index fell nearly 0.7%on Monday, which also fell below the high point on October 17.

Foreign Exchange researcher in Hong Kong No. 1 China Investment Bank told the CCP that foreign exchange fluctuations in this round are mainly the influence of the US dollar index and the US presidential election.In the past weekend, the US election has appeared to a certain degree of stalemate. The results of the two candidates are close. At the same time, the results of the preliminary voting seem to not fully reflect Trump's public opinion before election.

Some analysts pointed out that according to the two candidate policy analysis, Trump's stage brings a strong US dollar index, while Harris policy will trigger a vulnerable dollar.