China'S Foreign Exchange Market: RMB Rose More Than 100 Points To Two Weeks High In Early Trading

The rally of the P after the May 1 holiday is continuing. The spot exchange rate against the US dollar rose more than 100 points in early trading on Tuesday, and hit a two week high of 6.2320 yuan in the session. Against the weak momentum of the central parity. < /p >
< p > trading personage said, < a href= "//www.sjfzxm.com/news/index_cj.asp" > market passenger plate < /a > relatively balanced, but after the festival, the enthusiasm of the passenger exchange settlement has been rising, looking forward to the afternoon oil purchase foreign exchange performance. < /p >
< p > because the RMB exchange rate is basically flat at home and abroad, sometimes even the domestic purchase of foreign exchange is more appropriate. < /p >
< p > < < a href= > //www.sjfzxm.com/news/index_cj.asp > > intermediate price < /a > basically remain unchanged, or disclose official opinion. It is certain that it is too slow to see it too fast. In the medium term, it is estimated that there is a weak fluctuation between 6.20-6.26. A joint-stock trader pointed out. < /p >
< p > 12:06 Beijing time. The yuan was 6.2320 yuan against the US dollar < a href= "//www.sjfzxm.com/news/index_cj.asp" > < /a > >, reaching the highest level in April 22nd, reaching the highest level since last year, and reported 6.2455 yuan on the previous day. Today, the central parity of RMB against the US dollar is 6.1565 yuan, and the middle price of the previous day is 6.156 yuan. < /p >
< p > a large state-owned trader also said that some customers made profit after the price reached the psychological level in some time ago, and promoted the RMB exchange rate to rise, and the amount of foreign exchange purchased after the festival was obviously smaller. < /p >
< p > he also pointed out that it is not yet possible to say that the RMB exchange rate is regressive. But now, under the action of all market factors, the strength of buyers and sellers is changing faster, and the trend of two-way fluctuations is still in the same direction. What is worth noting is that the overall market is cautious and the trend is not clear. < /p >
In the global market, the dollar opened cautiously on the Asian market on Monday. A strange reversal trend took place last weekend, and the rally from strong employment data was full of P. < /p >