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    The Central Parity Of RMB Has Come Down For Sixth Consecutive Trading Days.

    2014/7/19 23:00:00 29

    RMBMiddle PriceDepreciationRMB Exchange Rate

    < p > < span style= "font-size: 12px" > here world a href= "http://www.91se91.com/" target= "_blank" > dress > /a > < target= > "" "" "" > "shoes" > hat net "Xiaobian") introduces the central parity of RMB, and now the six successive falls are 578 basis points lower than the beginning of the year. < /span > < /p >.
    < p style= "text-align: center"; > img src= "/uploadimages/201407/19/20140719110157_sj.JPG" align= "center" border= "0" style= "style="; "
    < p > yesterday, the latest data from the China foreign exchange trading center showed that the central parity of RMB against the US dollar in July 18th was 6.1568, down 4 basis points from the previous trading day, which is also the downward trend in the sixth consecutive trading days of the central parity of RMB. < /p >
    < p > according to the statistics of journalists, the RMB exchange rate against the US dollar has depreciated from 6.0990 at the beginning of this year to 6.1568 in July 18th, which is 578 basis points lower than the beginning of this year. < /p >
    Ma P, a macroeconomic researcher at CIC, told reporters in an interview with the Securities Daily that before the yuan devaluation was too fast, there was a lack of strong support for the appreciation of the US dollar against the RMB in the short term. Now the lack of a basis for the technical revaluation of the RMB exchange rate tends to make the foreign exchange market more stable. However, the continued decline of the RMB exchange rate means that the appreciation of the renminbi may reappear. If the bottom is not successful, the revaluation of the renminbi will be again opened, and the export difficulties of the low-end manufacturing industry will further intensify. < /p >
    "P > Communication Bank [0.27% Capital Research Report] the chief economist Lian Ping said that the trend depreciation of" a href= "http://www.91se91.com/news/index_s.asp" RMB > /a "has no basis. The current exchange rate policy is to improve the RMB exchange rate formation mechanism, increase the market supply and demand to decide the exchange rate, and increase the two-way volatility of the exchange rate will become the norm. < /p >
    < p > MA Yao said that the liberalization of interest rates and the liberalization of exchange rate are important goals for deepening the reform of China's financial industry. The direct management of the RMB exchange rate at the national level has been narrowed down. The fluctuation range of < a href= "http://www.91se91.com/news/index_cj.asp" > /a > /a will be relaxed. The appreciation or depreciation of the RMB will depend mainly on economic factors such as China's economic growth and RMB exchange demand, and the "tolerance" of the policy-making level to RMB fluctuations will increase unprecedentedly. < /p >
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