Recently, the exchange rate of US dollar against RMB is on the upward trend. Today, I will tell you about the latest exchange rate between us dollar and RMB. Let's follow the steps of Xiaobian to understand and understand it~
1、 Review of money market
Last week, the central bank made a small increase of 200 billion MLF in the open market, hedging 156 billion of the due amount, and deducting 50 billion 7-day repo due, resulting in a net return of 6 billion yuan in the week. Last week, the prices of funds of all maturities in the interbank money market were stable as a whole, with abundant liquidity. The most active overnight price rose by about 15bp compared with the previous week, and closed at 2.134% on Friday. The yield of treasury bonds with maturities over one year was flat compared with the previous week. In terms of US dollar, the price of short-term interbank lending decreased slightly, and the price of overnight and within three months was about 3-5bp lower than last week. The yield of US Treasury bonds with maturities of more than one year continued the downward trend, further down 5-8bp compared with last week.
2、 The foreign exchange market reviewed last week's further depreciation of RMB against the US dollar by about 960 BP and closed at around 6.9182 on Friday, the highest since the beginning of the year. The offshore RMB CNH and domestic CNY were inverted by about 300bp and closed at around 6.9475. The dollar index rose slightly last week, opening at 97.30 on Monday and closing near 97.99 on Friday. The above is about the latest US dollar to RMB exchange rate, more financial knowledge will be presented on us, welcome to the community to learn more about it~
Disclaimer: the content of this article (including but not limited to the text, pictures and other contents) is from the community users' contribution, the viewpoint of this article does not represent the position and viewpoint of this website; if there is any false information or careless infringement of your rights and interests, please contact to inform, and we will correct or delete it as soon as possible after verifying the situation!
Comments
0 comments
Please sign in to leave a comment.