The renminbi weakened against the US dollar on Thursday (September 11th) midday. Overnight, the US dollar remained at a high level, and the middle price ended two days after a sharp increase in the pace.

The US dollar / RMB inquiry system was reported at 6.1307 noon and 6.1299 on Wednesday. The central parity of US dollar / RMB central bank was 6.1453, and Wednesday's middle price was 6.1425.

In the overseas non deliverable forward foreign exchange (NDF) market, the US dollar / Renminbi one year variety is newly reported at 6.2240/50, ending on Wednesday at 6.2170. The latest offshore dollar / RMB spot report in Hongkong was 6.1336/74, and the last trading day was 6.1325.

Traders believe that in the context of a stronger dollar and weaker US currencies, the middle price has been rising rapidly in recent days, which has the intention of guiding the renminbi to rise steadily. However Middle price After two consecutive days of jump, it has been close to June since the mid price fluctuation interval of 6.1400, further upward may make the market. appreciation It is reasonable to expect a bit of a pullback on Wednesday.

Traders said that at the moment Spot rate In the 6.13 yuan integer or to meet the appreciation of large banks including foreign exchange resistance, the possibility of short-term narrow consolidation is too large. The inflation figures released earlier showed no significant effect.

Mainly due to the weakening of the tail factor, China's CPI rose to a low of 4 months in August, and the weak economic growth led to the limited role of total demand in inflation. Insiders said that inflation in China is expected to continue to be moderate in the future, which is conducive to easing monetary policy.

On the international exchange market, the US dollar / yen reached a near 6 year high level on Thursday, and the NZD / USD hit a 7 month trough. The New Zealand Federal Reserve said the NZ dollar was down after its current level was "unsuitable and unsustainable".