Rationally, stable exchange rate is a good environment for international trade. But the reality is that the normality of the RMB exchange rate in the future is "two-way fluctuation". These four words have been repeatedly emphasized by the country in the past two years.
On May 10, the central parity rate of the RMB against the US dollar was reported at 6.7134, down 235 basis points from the previous trading day. In this round of sharp depreciation, it rushed to the 6.7 era.
After opening at 6.7320 on the same day, the spot exchange rate of RMB against the US dollar fell to 6.7411 in early trading, and then rose above the 6.74, 6.73, 6.72, 6.71, 6.70 and 6.69 marks, and the intraday high reached 6.6895, rebounding more than 500 points in the day
We remind you to take measures to avoid exchange rate risks and suggest adding exchange rate factors to the contract
