Demand For Foreign Exchange Purchases Rose At The End Of The Month.
Overnight, the US dollar fell slightly, guiding the central parity of RMB to a month high since February 26th.
Traders said that early morning trading at the intermediate price guidelines followed a high opening, but at the end of the month, the company purchased foreign exchange.
demand
It soon got the upper hand and suppressed the immediate increase in early trading.
A joint-stock bank trader said, "the trend of these days is very similar. In the early morning, the Chinese capital's large banks have settled in to form a space, and then the enterprise purchases the foreign exchange market to fill it. But from the overall purchase of foreign exchange, the net settlement is negative, indicating that the enterprise's willingness to purchase foreign exchange is quite strong."
Last week
RMB
With the promotion of China's big bank settlement, the biggest increase in the seven week period was recorded, but the market volatility narrowed sharply this week.
Traders believe that in the vicinity of the current point, the big row early.
Settlement of exchange
A delicate balance with the demand for foreign exchange purchases is likely to persist for some time, waiting for the US dollar to move out of the new trend.
The probability of a significant depreciation of the RMB exchange rate is very small.
Wang Yungui, director general of the comprehensive administration of the State Administration of foreign exchange, said on Thursday that China's cross-border income and expenditure was net inflow in 1-2 this year, and that the Chinese economy asserted that there was no data support for capital outflow.
In the global market, the US dollar's correction rally has subsided again in the overnight market, and a slight decline on Thursday early showed a recent cooling of the US dollar unilateral bet.
The US dollar index has risen by about 25% since the beginning of May to the middle of March this year. But on the 18 th of March, the Fed issued a statement that has dropped about 2.7% so far.
At 12:57 Beijing time, the US dollar was RMB 6.2150 yuan against the yuan, and it received 6.2125 yuan on the previous day.
Today, the median price of US dollar to RMB is 6.1375 yuan, and the middle price of the previous day is 6.1410 yuan.
Related links:
The 2015 annual meeting of the Boao forum for Asia was held in Boao, Hainan province in from March 26th to 29th.
The leaders of this annual meeting exceed the boundaries of the world. The topics covered six major areas: macro economy, regional cooperation, industrial pformation, technological innovation, political security and social livelihood.
A wide range of topics will spawn investment opportunities in the A share market? Are A shares entering the bull market? A well-known financial commentator, financial columnist Ye Tan is visiting the community.
Netizens: leaders of this annual meeting exceed the boundaries of the world. The topics include six major areas, namely, macro economy, regional cooperation, industrial pformation, technological innovation, political security and social livelihood.
Which investment opportunities will be generated in the A share market by a wide range of topics?
Ye Tan: all companies that have big hype in Asia and big innovation have investment value.
This topic regards Asia as a fate community, and is linked to the establishment of Asia Investment Bank.
The government is concerned about change, and the public is concerned about economic stars.
Internet and political stars are most concerned at the conference. Therefore, Internet innovation and Asian market will be the key.
Net friend: will the implementation process of "one belt and one road" speed up a far-reaching impact on China's economy and even the Asian and European economic structure?
Ye Tan: first, ask the three question: where does the capital come from, the enterprise profits or reduces the long-term risk?
Netizen: the core of the all around plan initiated by the Chinese government is to vigorously promote high-speed rail to foreign countries. What do you think of the export of China's high-speed rail?
Ye Tan: the area is not only a high-speed rail, involving trade, energy, infrastructure, regional cooperation and so on.
The high-speed rail requires capital intensive, densely populated and economically developed along the line.
Let's take a look. Several countries meet this requirement. It is recommended that we should take a look at the part of the urban development seminar of the city.
Netizens: A shares traded in more than two billion cities, and the pattern of index inflation is very strong.
What do you think is the logic of this rush?
Ye Tan: money can support a better market, and the government and capital choose the stock market, which is more positive than real estate.
If there is no time limit, it is necessary to raise 4000 points.
But the real bull market has not yet arrived, and it needs callback confirmation, as well as currency and market cooperation.
Netizen: can the average investor get the expected property income under the good market condition?
Ye Tan: that's true, but when the time comes, the money will go in.
With the wealth effect, we have the hope of making profits by wisdom and become the most important investment product together with the property market.
Longer than long-term savings.
It is almost impossible for most people to get property income, as in the United States after World War II.
User: why is the gem so risky? Is the risk approaching the critical point of release?
Ye Tan: because the gem has room for imagination and operation, meets the requirements of pformation, so it can go up.
In the future, we will support more innovative companies and not allow a small number of them to enjoy high valuations alone.
The pformation is to have room for imagination, support and innovation, and the reform of state-owned enterprises still needs funds, but the benefits will not appear.
- Related reading
- Instant news | FILA Has Become The Official Partner Of China Sports Net Exclusive Sports Shoes And Shoes.
- Instant news | Behind The Carnival Of "Fried Shoes": When The Wind And Rain Come, The Leek Should Be Cut.
- Instant news | The Parent Company'S Performance Is Not As Good As Expected. Can Zara Help To Reverse Its Declining Trend?
- Instant news | Will The Vetements Founder Bring The Paris Family To Its Peak After Leaving?
- Instant news | Sneakers Resale Business Hot In The First Half, Three Chao Shoe Trading Platform Financing Exceeded 1 Billion Yuan
- Fashion brand | NATIVE SONS X Sacai 2019 Brand New Joint Limited Glasses Series On Sale
- Fashion brand | Lucien Pellat-Finet X Elven Bao Dream Joint Knitting Series Release, Fun Color
- Instant news | Search For Ad Hoc Companies, Develop Supply Chains, Fashion Brands, And Realize Their Own Shortcomings.
- Instant news | Summary Of The First Half Year Performance Of Major Clothing Brands In China
- Instant news | Summary Of The First Half Year Performance Of Major Clothing Brands In China
- RMB Internationalization Will Not Happen Overnight.
- Garment Industry Starts From Third Aspects And How To Create Brand Faster.
- Use Unmanned Aircraft To Help Customers Test Shoes To Promote New Products.
- 美国皮革产品等3大行业出现萎缩
- How To Deal With People Who Frustrate You
- How To Do Window Display Design Well In Window Of Clothing Store
- Relocation Of "Professional" Market And Continuation Of Guangzhou Shoe World Dream
- 店主从四个方面考虑服装店的现在布局与设计
- Wenling Footwear Industry Is Included In The Provincial "Machine Substitution" Pilot Project.
- Seven Points Need To Be Paid Attention To When Clothing Stores Want To Succeed.