Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
The RMB to USD exchange rate surged this week, and its stable and strong trend is expected to continue.

The RMB to USD exchange rate surged this week, and its stable and strong trend is expected to continue.

老虎证券老虎证券2026/04/12 22:53
Show original
On April 8, the onshore and offshore RMB-to-USD exchange rates both surged by more than 300 basis points during trading, reaching their highest levels since April 2023. Experts indicated that, due to external factors such as an easing situation in the Middle East, the RMB exchange rate has continued to strengthen. From an internal perspective, China's foreign trade environment remains stable, exports continue to grow strongly, and the growth rates of domestic consumption and investment are also improving, providing strong support for the RMB exchange rate.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”

Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.

华尔街见闻•2026/11/13 07:48
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”

After Jensen Huang stepped down, Nvidia (NVDA.US) shares plunged; retail investors bought up $111 million within half an hour of the market opening.

Retail investors are still betting on a rebound in NVIDIA (NVDA.US) stock price.

智通财经•2026/11/13 07:17
After Jensen Huang stepped down, Nvidia (NVDA.US) shares plunged; retail investors bought up $111 million within half an hour of the market opening.

UBS raises Target's price target to $205

格隆汇•2026/11/13 06:44
UBS raises Target's price target to $205