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The RMB exchange rate continues to depreciate. The current central parity rate has reached around 7.2. The downstream' s willingness to purchase USD-denominated products has significantly declined, and they are more inclined to purchase yuan-denominated materials and get the tax refunded, further su
This year's exchange rate trend is still worthy of attention. In May, driven by the expectation of the Federal Reserve to raise interest rates, the US dollar index continued to rise, leading to a significant depreciation of the RMB against the dollar, which had a certain impact on the market mentali
