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After rising above 6.70 yuan a few days ago, the overall exchange rate of the RMB against the US dollar continued to rise slightly on September 21. Experts said that the core support for the RMB exchange rate comes from China's economic fundamentals, and factors such as strong exports and strong demand for remittance helped the RMB exchange rate perform well. In the short term, the RMB exchange rate is expected to continue its steady, moderate and strong trend; in the long run, two-way fluctuations will remain the norm.
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After rising above 6.70 yuan a few days ago, the overall exchange rate of the RMB against the US dollar continued to rise slightly on September 21. Experts said that the core support for the RMB exchange rate comes from China's economic fundamentals, and factors such as strong exports and strong demand for remittance helped the RMB exchange rate perform well. In the short term, the RMB exchange rate is expected to continue its steady, moderate and strong trend; in the long run, two-way fluctuations will remain the norm.
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