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Hunan Weide Commodity Trading Center, telephone QQ: membership recruitment, agency, account opening, investment, high rebate, main business: silver, fuel economy, silver, copper, platinum, CCB custody, spot investment and investment. According to Weide Commodity Platform Information, in early trading in the Asian market on Tuesday (July 2), the spot RMB against the U.S. dollar once fell below the . Traders said that the U.S. dollar index was hovering near the 100-point mark, putting great pressure on the yuan, while major banks did not guard key points and only provided moderate liquidity, indicating that regulators have increased their tolerance for exchange rate fluctuations. Under the combined influence of the strong US dollar and the relaxation of stability maintenance, the RMB exchange rate will still be under pressure in the short term.
The RMB spot price once fell to . yuan today. Driven by the sharp rise in the U.S. index, the spot and central parity rates of RMB have fallen by more than a thousand points in less than ten trading days, or about .%, which is rare in RMB exchange rate transactions that are mainly stable.
Traders also pointed out that the RMB has fluctuated greatly recently, and its depreciation rate has exceeded the expectations of many self-operated traders while customer orders for foreign exchange purchases have increased significantly. However, the recent fluctuations of the RMB are still not large compared with the currencies of emerging market countries, and are still relatively stable against a basket of currencies. In the future, the market will gradually become accustomed to exchange rate fluctuations, and the fluctuations at intraday points will be considered normal.
Weide Bulk Commodities is recruiting investment nationwide, the investment hotline: QQ welcomes friends from inside and outside the industry to consult.
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