The China foreign exchange trade center said that, the middle price between the RMB and the dollar to get the high record again, at 6.1330. This is the fifth time that the RMB hit a record high in September.
Expert said, since September, the market change after bearish expectations of the RMB, to see how the appreciation of the RMB. The stronger appreciation of RMB is keeping mainly index of dollar weakness. In addition, China's macroeconomic data is stabilising picks up, also bring appreciation pressure to RMB.
Written by Dora Men
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