The Central Parity Of RMB Against The US Dollar Has Been Declining.

The China Foreign Exchange Trading Center announced on April 14th that the central parity of RMB against the US dollar was 6.4891, which was 300 points lower than the 6.4591 of the previous trading day, and the rate of reduction was 0.46%, the largest since January 7th.

After the opening yesterday, the RMB exchange rate on the shore dropped rapidly, and then began to go up, closing to 6.4875 at 16:30.

Before the 2015-2016 year was over,

The exchange rate has experienced a period of rapid devaluation.

In January 7th this year, the central bank lowered the central parity of the RMB against the US dollar to 6.5646, and the rate of reduction was 332 points. The drop on that day set the highest level since last August.

Since then, under the strong intervention of the central bank, the trend of appreciation of RMB has been up to date.

Analysts say that the US dollar is coming back to a strong channel in recent years, and is being pferred to the RMB exchange rate.

The Federal Reserve released the brown leather book on Wednesday, saying that the United States was in the end of February to March.

Continued expansion, most of the region's economy grew at a moderate to moderate rate. Wage growth in some areas improved, labor market stability, upward pressure on wages and moderate increase in consumer spending supported the economy.

Not only is the economy better,

Strengthening the formation of direct support, also favorable to the Fed's interest rate increase, the dollar index strengthened on Wednesday.

Data showed that on Wednesday (April 13th), the US dollar index of the US dollar against other six major currencies rose by 0.87%, and it continued to rise yesterday.

As of 17:45 Beijing time yesterday, the US dollar index was 94.9399, up 0.1591%.

Beijing time on the morning of April 15th, the National Bureau of statistics will release the first quarter of this year, GDP and other heavy economic data.

Huatai Securities estimates that GDP will grow by 6.7% in the first quarter, a further decline compared to 6.9% in the fourth quarter of last year.

"Looking ahead, the US dollar will continue to be strong, but if China's first quarter GDP data are bright, it is expected to hedge against the US dollar's devaluation pressure on the yuan," said Hua Xuefeng, chief financial analyst at reux.