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    RMB Spot Exchange Rate Rose To Break 6.15 Pass

    2014/8/18 16:31:00 25

    RMB. Spot Exchange RateEconomy

    < p > the spot exchange rate of RMB against the US dollar has continued a slight appreciation trend recently, breaking through the 6.15 integer mark at one stroke, setting a new high in five months.

    < /p >


    < p > < a href= "http:// www.91se91.com/news/index_c.asp" > China foreign exchange trading center < /a > announcement, on the 15 day, the RMB exchange rate between the US dollar and the US dollar edged up by 7 basis points at 6.1538.

    In the overnight market, the latest US initial jobless claims hit six, Zhou Xingao dragged down the dollar and the US dollar index closed down 0.01%.

    < /p >


    < p > in the inter-bank foreign exchange market of China yesterday, the RMB went against the US dollar < a href= "http:// www.91se91.com/news/index_c.asp" > spot rate > /a > Gao Gao Gao, the highest intruded to 6.1455 in the intraday market, the highest point since March 17th this year, and the stock market closed at 6.1470, up 61 basis points or 0.10% above the closing price of the previous day, and for the first time since March 17th, it has been closed above the 6.15 pass.

    < /p >


    In the Hongkong offshore market, the spot price of RMB against the US dollar was 6.1470, setting a new high since March 17th and breaking through the 6.15 pass for the first time in five months.

    < /p >


    < p > data show that in July, China's "a href=" http:// "www.91se91.com/news/index_c.asp" > financial institutions < /a > new foreign exchange accounted for 37 billion 835 million yuan, swept the June negative growth of 88 billion 280 million yuan decline.

    < /p >


    < p > market participants said that demand for settlement of foreign exchange remained high this week. First, the growth of the trade surplus in July announced by the early week was strong. The two is that Hong Kong and Shanghai will soon open, and the domestic capital market will become more active.

    < /p >


    < p > in addition, market participants believe that there will still be some appreciation pressure for some time in the future. However, given the repeated occurrence of domestic economic growth data, the market cautious mood still exists, and the speed and space of appreciation will be limited.

    < /p >

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