RMB Appreciation Is Expected In The Year 3%-4%

The issue of RMB appreciation has recently been discussed enthusiastically.

The US Senate will punish China for 3 days local time.

Securities Daily reported that the appreciation of RMB against the US dollar accelerated again, and in the last two weeks, it broke even 6.38 and 6.37 two passes.

The report quoted mainland businessmen as saying that the renminbi will continue to appreciate steadily in the short term, and the appreciation will be between 3% and 4%.

Experts say, "the appreciation of the renminbi is an active choice, determined by China's position and needs, and China will stick to its position."

"

However, experts do not deny that slowing down the pace of RMB appreciation is good for the mainland economy.

China's foreign exchange trading center data show that in September 29th, the central parity of RMB against the US dollar was 6.3665, down 42 basis points from the previous trading day.

The day before, the central parity of RMB against the US dollar was 6.3623, breaking the 6.37 pass.