Home >

Exchange Rate Is 8 Or Even Down &Nbsp; Foreign Currency Financing Impulse.

2011/12/10 13:11:00 20

??? 日本語 Fran?ais English 中文

Exchange Rate 8 Fall Foreign Currency Financing

On Friday, the renminbi was on the spot against the US dollar.

exchange rate

Once again, the limit has been reached. Since November 30th, the RMB has traded on the US dollar for eighth consecutive trading days.

The market has begun to voice the possibility of RMB exchange rate turning, and foreign currency financing has begun to attract attention.

If financial products benefit from both the expected yield and exchange rate, the advantages of foreign currency financial products will be obvious.

However, analysts say that the trend of the medium term strength of the RMB exchange rate is hard to change at the moment, and there is still a rate for buying foreign currency financial products.

risk

。

China foreign exchange trading center data show that the 9 day spot market in the morning of the RMB against the U.S. dollar exchange rate reported in the range of 6.36 to 6.37 intervals, due to 9 yuan to the U.S. dollar exchange rate of the middle price of 6.3351, according to the middle price 5/1000 fluctuation range, the intraday RMB against the US dollar exchange rate fell 5/1000, once again hit the lower limit of the trading interval.

In the past few years, the continuous fall in the spot market on the RMB against the US dollar is rather rare.

The last time the RMB continued to fall against the US dollar occurred in December 2008, when the RMB exchange rate against the US dollar touched 4 consecutive trading days.

RMB rate

8 consecutive falls

Investors have drawn attention. Many investors believe that if the renminbi has a major inflection point from the appreciation to the depreciation, is it opportunity for foreign currency financing? In fact, the spot exchange rate of the RMB against the US dollar is calculated at the 5/1000 fluctuation range from the middle price. If the people's Bank of China decides the intermediate price slightly higher, then the RMB exchange rate will be even against the US dollar.

touch

The lower trading band and its real exchange rate may not necessarily constitute a substantial drop.

Since December, the RMB to us dollar K-line chart shows that the RMB has not fallen sharply against the US dollar.

In the medium to long term, economists generally believe that the spot market for RMB against the US dollar has been on the market for a long time. It is a short-term market trend and does not have a trend characteristic.

At present, China's economy still maintains a more stable development trend, and the RMB does not have the possibility of a substantial devaluation.

Therefore, it is still risky to choose foreign currency financial products according to the fall in the exchange rate of RMB against the US dollar.

However, if foreign currency is not exchanged for Renminbi in its hands, there will still be a lot to choose from the foreign currency financial products sold in the market next week, especially Australian dollar financial products. The expected return rate is much better than that of the same period of RMB.

Conduct financial pactions

Products.