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According to the latest data released by the BIS, the real effective exchange rate index of RMB was 117.78 in February, and the real effective exchange rate of RMB appreciated by 6.78%. The nominal effective exchange rate index of RMB in February was 115.38, up 2.57% from January. Foreign trade enterprises are even more stressed. appreciates the euro and the yen, it is understood that in February, the RMB real effective exchange rate since December last year, reversing the devaluation of the market, in December last year after the devaluation of 1.72%, in January this year, the micro depreciated 0.36%, February RMB real effective exchange rate appreciation of 6.78%. However, the central parity of RMB against the U.S. dollar rose 22 basis points to 6.8327 yuan, the price level is quite the same as in the second half of last year. Why is the RMB exchange rate basically stable with the dollar, but the real effective exchange rate appreciation has emerged? CITIC Bank financial planner said, if Retro jordans for sale you look at the outside of the RMB against the U.S. dollar exchange rate, will feel that the RMB exchange rate basically stable, but the multi currency against the dollar is falling, not only because of the yuan rise, Japanese yen and euro depreciation rate is large, the real effective exchange rate of the yuan in trade weighted terms in February, more than 6.7%, to become the world's most powerful currency even. It is learnt that in February, the RMB against the euro exchange rate appreciated by 1.92%, a substantial appreciation of the yen 9.41%, 2.95% devaluation of the pound, the exchange rate of Hong Kong dollar remained basically stable. remained stable against the dollar since September last year, a 3 year run exchange rate system changed, the RMB exchange rate system is no longer provided with reference to a basket of currencies, with the market supply of a managed floating exchange rate system as the foundation, but the implementation of. At present, more than half of the foreign exchange t Cheap jordans online air jordan 11 blackout for sale ransactions in the market are US dollars, and the exchange rate of the US dollar greatly influences the RMB exchange rate. The RMB exchange rate has become sensitive to the past insensitivity of the US dollar index. : because of this, the RMB exchange rate against the U.S. dollar remained basically stable. This year, hedge demand for funds has led to a stronger dollar against the dollar, while other major currencies have depreciated against the dollar as a result of the downward trend in the world economy and global interest rates. The renminbi and the dollar have become the world's two strongest currencies in February. : the Hong Kong dollar trend adopted a soft pegged dollar strategy, which also kept the RMB exchange rate against the Hong Kong dollar stable. Yesterday, the Hong Kong dollar exchange rate against the RMB was 0.88134 yuan, quite the same as in the second half of last year. ) foreign trade enterprises under pressure officially launched the once a year Guangzhou international fo jordans on sale online otwear, leather and industrial equipment exhibition, exhibition, encounter; , , a way out;; in January 1982, she first pick, show, also because of the continuous, there, he began to walk, you show, it will be. 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