US Media: China Is Not Eager To Curb The Depreciation Of RMB.

The spot exchange rate of RMB against the US dollar (6.2113, -0.0013, -0.02%) increased slightly on Friday (April 11th), and the middle price edged up slightly.

Market supply and demand basically balance, turnover is more plain.

Traders believe there is little chance of a sharp decline in the renminbi in the short term.

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< p > at the close, the US dollar / < a href= "//www.sjfzxm.com/news/index_c.asp" > RMB > /a > inquiry system closed at 6.2105, a decrease of 18 points compared with the previous trading day.

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< p > a large state-owned trader said that it is expected to maintain a narrow range of fluctuations in the short term, and that the Renminbi should not be devaluated again. But "it should not be too fast to go back. There is no good observation point in the near future. Let's do it with the market."

He also believes that the inflation figures released in the morning have little impact.

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< p > < a href= "//www.sjfzxm.com/news/index_c.asp > > Hongkong financial resources association < /a > released data show that the US dollar / Renminbi (Hongkong) spot exchange rate fixed price in April 11th is 6.2114/20.

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< p > a foreign bank trader thinks the data show that China's economy is not optimistic, but the balance of international payments surplus and other factors, the impact on the foreign exchange market may be neutral.

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< p > China's inflation in March was in line with expectations, but the decline in PPI continued to expand and highlight the plight of enterprises.

Under the pressure of steady growth, inflation remains moderate, providing more room for maneuver for macro policy control.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > offshore market < /a >, the 1 year US dollar / RMB non deliverable forwards yuan 6.2355/85 yuan.

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In the global market, the yen fell by about 0.3% against the US dollar on Friday, but it is still possible to record the best weekly performance since early March. The decline in confidence in the US stock market has prompted investors to surge into risky assets.

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P > HK $(7.7528, 0, 0%) / RMB inquiry system closed at 0.80099, compared with the previous trading day by 2 points; 100 yen / RMB inquiry system closed at 6.1037, compared with the previous trading day by 62 points; the euro / Renminbi inquiry system was 8.6283, an increase of 153 points compared with the previous trading day; the pound / RMB inquiry system was 10.4197, less than the previous trading day; the Australian dollar / RMB inquiry system was reduced to less than the previous trading day; the Canadian dollar / Renminbi inquiry system was closed at the end of the previous trading day; the New Zealand dollar / people's currency inquiry system was closed at the end of the previous trading day. <

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