The central parity rate of the RMB has been significantly raised, and experts say the future trend of the RMB will be more stable.

Shenchao TechFlow News, on May 26, according to the Golden Ten data, the central parity of the yuan against the US dollar rose by 86 basis points to 7.1833, the highest since April 2, and the largest increase since January 21. Wang Qing, chief macro analyst of Oriental Jincheng, analyzed that the recent strengthening of the RMB exchange rate is mainly affected by two factors: first, the depreciation of the US dollar has promoted the passive appreciation of the RMB against the US dollar, and the market's pessimistic expectations for the increase in the US government's fiscal deficit and debt have intensified, resulting in a sharp decline in the US dollar index recently, which is promoting the general appreciation of non-US currencies, including the RMB; Second, China has recently stepped up the implementation of more active and promising macro policies, which has strengthened the resilience of the domestic macro economy to resist external fluctuations and formed internal support for the RMB exchange rate. Wang Qing judged that in the future, the renminbi is more likely to have a two-way fluctuation process opposite to the trend of the US dollar, but the fluctuation range is relatively small, and the trend of the renminbi will be more stable than that of other major currencies.