In the shore market RMB (7.2936, 0.0132, 0.18%), the exchange rate of the US dollar hovered around 7.2835, and the market was 7.2899 during the year.7.3204.
From the perspective of the industry, the reason why the offshore RMB exchange rate loses the 7.3 integer passage is mainly affected by the five aspects of factors, one is the US dollar index (103.1895, -0.0147, -0.01%) rose to 103, which caused the RMB exchange rate to be under pressureThe second is that the Bank of China unexpectedly lowered MLF interest rates on August 15, which led to further differentiation of Chinese and US monetary policies, attracting overseas quantitative investment funds to quickly buy a decline in RMB exchange rate; third, the spread of China and the United States expanded to 163 basis points during the year of the year.The balanced valuation of the RMB exchange rate has decreased accordingly; fourth, the recent weak economic data of China will also lead to some macroeconomic hedge funds in the stage of buying a decline in the RMB exchange rate.pressure.
Although the offshore RMB exchange rate is lost at the 7.3 integer mark, the trend of the reversal indicators of the RMB foreign exchange option market is relatively stable, showing that the unilateral unilateral falling decline is not strong.
It is worth noting that the exchange rate of the offshore RMB fell below 7.3, and imported companies also found their own foreign exchange sets.
It is worth noting that after the offshore RMB fell below 7.3 on August 15, some banks began to sell US dollars, which also made the market feel that the RMB lack of "kinetic energy".
