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Source: | Author:宁达 | Published time: 327 days ago | 233 Views | Share:
The recent trend of the RMB exchange rate has made many small partners feel thrilled, and the sharp drop may continue.

The recent trend of the RMB exchange rate has made many small partners feel thrilled, and the sharp drop may continue.


Why do you say that? We just need to look at the opposite - the dollar will do. When the dollar rises, the renminbi falls, and when the dollar falls, the renminbi rises.


According to a Reuters report on May 17, the dollar was further boosted by the risk of debt default, attracting safe-haven demand as the United States is rapidly approaching its borrowing ceiling (strength)


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