The Yuan Has Been Closed For More Than Seven Months, With A New Trade Surplus.

At the close, the US dollar / Renminbi inquiry system closed at 6.1261, a decrease of 48 points compared with the previous trading day.

"Imports are too strong, more than expected, so that the surplus is somewhat lower."

A share trader believes that today's trade data do not have a great impact on the market, and there is no obvious change in the middle price. The latter trend is expected to continue the trend before, that is, slow appreciation in a narrow oscillation.

According to the data released by Hongkong Finance Association, the fixed price of US dollar / Renminbi (Hongkong) spot exchange rate in October 13th was 6.1372/92.

Chinese Customs announced on Monday that exports increased by 15.3% in September, while imports increased by 7% over the same period last year. Reuters forecast an increase of 11.8% in exports and 2.7% in imports.

The trade surplus was $31 billion that month, and Reuters estimated $41 billion.

Liu Dongliang, a senior analyst at China Merchants Bank, said that after the release of the trade data, the impact on the currency market was not seen for the time being. "The overall data is relatively good, although the trade surplus is narrowed somewhat, but the overall level is still relatively high.

From the perspective of trade surplus, we should continue to support the appreciation of RMB, and the space for depreciation is not to be seen. "

In the offshore market, the 1 year US dollar / RMB non deliverable forwards reported RMB 6.2445/70 yuan.

In the global market, the dollar fell to a one month low on Monday.

Against the yen, it is close to a 11 month low. Investors are worried about the global economic situation and their attitude is cautious.

The Hong Kong dollar / Renminbi inquiry system closed at 0.78967, a decrease of 5 points compared with the previous trading day; the 100 yen / RMB inquiry system closed at 5.7032, an increase of 317 points compared with the previous day; the euro / Renminbi inquiry system closed at 7.7682, an increase of 67 points compared with the previous trading day; Sterling /

The inquiry system closed at 9.8550, an increase of 137 points compared with the previous trading day; the Australian dollar / Renminbi inquiry system closed at 5.3489, an increase of 37 points compared with the previous trading day; the New Zealand dollar / RMB inquiry system closed at 4.8169, an increase of 242 points compared with the previous trading day; the Canadian dollar / Renminbi inquiry system closed at 5.46490, a decrease of 38 points compared with the previous trading day.