The Spot Exchange Rate Of RMB Against The US Dollar Opened Today At 6.1780
< p > March 25th morning news, < a href= "http://www.91se91.com/news/index_c.asp" > RMB to us dollar < /a > spot exchange rate opened 6.1780 today, compared with the previous trading day closing price 6.1888 appreciation of 108 basis points.
Today, the central bank announced that the central parity of RMB against the US dollar was 6.1426, an increase of 26 points.
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On Monday, the renminbi fell against the US dollar on Monday. The spot exchange rate (March 24th) rose sharply by 0.58% to 6.1888 yuan, with a 362 increase in a single day, the largest in nearly 30 months since October 10, 2011.
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< p > trading personages reflect that the signs of a rebound on last Friday have made the wait-and-see mood more emotional. The middle price was confirmed yesterday, making the customer a href= "http://www.91se91.com/news/index_c.asp" > settlement > /a > gaining the upper hand, and the continued appreciation of the exchange rate led to the rise of the US dollar multi head stop loss chain and the further increase of the late market.
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Data released last night showed that in March, the initial value of P MARKIT manufacturing managers' index (PMI) dropped to 55.5, with an estimated value of 56.5. Investors held the profit of holding the US dollar, and the US dollar index was under pressure to return to the bottom of the 80 pass, and it is expected that the renminbi will appreciate again.
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< p > the people's Bank of China authorized the China a href= "http://www.91se91.com/news/index_c.asp" > foreign exchange < /a > trading center. In March 25, 2014, the RMB exchange rate of the interbank foreign exchange market was RMB 1 yuan to RMB 6.1426 yuan, 1 euro to RMB 8.4995 yuan, 100 yen to RMB 6.0208 yuan, 1 Hong Kong dollar to RMB 0.79180 yuan, 1 pounds to RMB 10.1359 yuan, 1 Australian dollar to RMB 1 yuan, New Zealand dollar to RMB yuan, RMB Canadian dollar to RMB yuan, RMB yuan to lringgit, RMB to Yuan Lv.
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According to data from China foreign exchange trading center, the central parity of RMB against the US dollar increased by 23 points on Monday, at 6.1452, P.
The RMB against the US dollar spot exchange rate (enquiry) also slightly opened, soon after the opening fell to 6.2231, followed by the cold market, the exchange rate remained narrow in a narrow range; around 3 p.m., the exchange rate began to rebound significantly, after 3:30 p.m. rebound began to accelerate, up to 6.1882, and closed up 362 points (about 0.58%) to 6.1888.
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At the same time, the HSBC China Manufacturing Purchasing Managers' index (PMI) preview released by HSBC on Monday showed that the PMI initial value data in March dropped to 48.1, the lowest since July last year, and it has been under the ups and downs line for three consecutive months, with a final value of 48.5 last month.
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< p > for this, Liu Dongliang, senior analyst of China Merchants Bank's financial market department [micro-blog] told the daily economic news reporter that after the sharp depreciation of last week, the RMB exchange rate rebounded, which should be a normal correction.
In fact, the market does not necessarily respond to the fundamentals in a very timely manner, especially if it does not necessarily correspond to the economic data published daily.
In addition, before the announcement of the economic data, the market will have an expectation that it may digest ahead of time, so that the impact will be very small after the announcement.
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< p > "in fact, in the short term, the relationship between RMB exchange rate fluctuations and economic data is not too large, at least from a historical perspective."
Chen Long, a financial analyst at Dongguan bank, told the daily economic news reporter that this should be a technical rebound to a large extent.
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