It is reported that1October 5th, the central parity rate of RMB against the US dollar was reported as 6.4915,65438, which broke through 6.5 again. In fact, it not only strengthened at the end of the year, but also rose steadily against the US dollar in 20 17, breaking the previous depreciation trend for three consecutive years.

According to the report, as early as the beginning of 20 17, many institutions and analysts were not optimistic about the trend of RMB exchange rate and predicted that the exchange rate of RMB against the US dollar would break 7%, but the actual situation was unexpected. 20 17 under the external pressure of the federal reserve to raise interest rates, the exchange rate of RMB against the US dollar basically remained in the range of 6.9-6.5.

Analysts said that the performance of RMB in 20 17 years fully reflected the role of economic fundamentals, market supply and demand and market expectations. In the long run, the smooth adjustment and continuous improvement of China's economic structure will also support the flexibility of RMB exchange rate in the future, and the pressure on RMB will continue to increase.

China's economy and balance of payments are the basic factors that affect the exchange rate of RMB against the US dollar. On the whole, China's balance of payments and economic performance in 20 17 are still very strong, and the current expectations are also good, which is a basic support. For some time, the RMB exchange rate was relatively stable. It can be seen that the exchange rate is market-driven, and the RMB exchange rate will have a more stable foundation in the future.

I hope the RMB exchange rate can remain stable!