Market for overseas markets temporarily yuan weakened for the first time in 11 years and 5 months, 18:51 on August 6
In the foreign exchange market in China and Shanghai, the Chinese currency and renminbi fell a little on the 6th, the dollar was 7.05 yuan, the highest level of the yuan's cheap dollar for the first time in about 11 years and 5 months It was.
Even after the US Treasury announced that China was recognized as a currency manipulation country, the RMB fell slightly on the 6th in the foreign exchange market in Shanghai, with one dollar = 7.05 CNY, since March 2008 The yuan was weak for the first time in 11 years and 5 months.
After that, the renminbi was repurchased a little, and at 5:30 pm Japan time, the yuan was weaker than the first five dollars, which was 1 dollar = 7.0321 yuan.
On the other hand, the standard value that the Chinese authorities announced on the morning of the 6th is about 0.6% lower than the 5th, which is 1 dollar = 6.9683 RMB, which is somewhat higher than the exchange rate actually traded in the market. Although the yuan is high, the standard value has been the highest level of the yuan against the dollar since May 2008 for the first time in 11 years and 3 months.
Market officials said, “Although the standard value of the renminbi has fallen compared to yesterday, the dollar has not depreciated 7 yuan, and the Chinese authorities are perceived to be wary of excessive yuan depreciation. In the future, it may be difficult for the yuan to be rapidly depreciated. "