The hottest commodity rebounded, and the dollar wa

2022-09-26
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Commodity rebound dollar under pressure RMB exchange rate hit a new high against the US dollar

commodity rebound dollar under pressure RMB exchange rate hit a new high against the US dollar

China Construction machinery information

Guide: the latest data released by the China Foreign Exchange Trading Center shows that on May 10, 2011, the central parity rate of the RMB exchange rate in the inter-bank foreign exchange market was 1 US dollar against the RMB 6.4950 yuan, up 38 basis points from the new high of 6.4988 yuan, It has set a new record since the exchange reform. On May 9, international bulk commodities fell

the latest data released by the China foreign exchange trading center showed that the central parity rate of the RMB exchange rate in the inter-bank foreign exchange market was 6.4950 US dollars to RMB on May 10, 2011, up 38 basis points from the new high of 6.4988 yuan, setting a new record since the exchange reform

on May 9, international bulk commodities rebounded after falling for several days. Silver, which once plunged by 27% last week, became the main force of the rebound, rising by more than 5% during the session. At the same time, crude oil prices have tightened in time; It soared by more than 3%, returning to above $100, and gold closed above $1500

the strength of bulk commodities frustrated the rebound of the US dollar. The US dollar index fell to around us $74.50 after breaking through US $75, indicating that the US dollar index has some resistance at this point. At the same time, the less than expected PMI, employment rate and labor productivity data released by the United States recently also restricted the further rise of the US dollar index. Affected by the failure of the rebound of the US dollar index, all currencies rebounded against the US dollar. The Australian dollar, which fell back in the early stage, rebounded to around us $1.07, and the US dollar was close to the 80 yen level again. The euro only remained volatile against the US dollar against the background of the downgrade of Greece

in addition to the impact of the weakening dollar in the foreign exchange market on the metal price higher than its marginal cost, the ongoing China US dialogue is also a potential factor for the RMB to hit a new high again. U.S. Treasury Secretary Timothy Geithner previously said that he would continue to negotiate with China on further increasing exchange rate flexibility and further opening up capital flows. Correspondingly, Zhou Xiaochuan, the governor of the central bank, said at yesterday's briefing that there was no new content in China's foreign exchange policy, and his position was very clear that PolyOne had introduced modified PVC with soybean based materials

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