Offshore RMB recovered 6.74 against the US dollar and rose more than 400 points in the day

category:Finance
 Offshore RMB recovered 6.74 against the US dollar and rose more than 400 points in the day


The commodity team of Societe Generale research on exchange rate believes that there is still room for the dollar index to rise in the fourth quarter, which will put pressure on the RMB exchange rate periodically, but the tight currency and wide credit cycle will continue to support the appreciation of the RMB exchange rate in the medium term.

Source: Securities Times net editor in charge: Wang Xiaowu_ NF