The yuan's exchange rate against the dollar has risen by 5.4% in 2017, and may between 6.40~
Orient Honest
www.china-disposable.com
2018-01-11 18:14:33
On December 22, the renminbi was trading at 6.5821 against the dollar, down 26 basis points from the previous session, ending the previous three consecutive days of gains. According to statistics, the yuan has appreciated about 5.4 percent against the dollar since 2017.
In the past few days, there has been a significant rise in the renminbi's connection, mainly in response to a sustained decline in the dollar index for four consecutive sessions, according to experts. On the 22nd, as the bill passed, the dollar bounced back and the central parity rate was slightly lower.
According to experts predict that 2018 will continue to promote the reform of RMB exchange rate marketization in our country, to a range of market volatility is normal phenomenon, is expected next year, the RMB exchange rate is likely to be within the range of 6.40 to 6.80. But should not be ignored, trump tax reform of enterprise income tax cuts will boost from a one-off corporate earnings, promote and retain profits return investment and overseas, may make the RMB exchange rate depreciation face pressure.
In the past few days, there has been a significant rise in the renminbi's connection, mainly in response to a sustained decline in the dollar index for four consecutive sessions, according to experts. On the 22nd, as the bill passed, the dollar bounced back and the central parity rate was slightly lower.
According to experts predict that 2018 will continue to promote the reform of RMB exchange rate marketization in our country, to a range of market volatility is normal phenomenon, is expected next year, the RMB exchange rate is likely to be within the range of 6.40 to 6.80. But should not be ignored, trump tax reform of enterprise income tax cuts will boost from a one-off corporate earnings, promote and retain profits return investment and overseas, may make the RMB exchange rate depreciation face pressure.
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