RMB – USD, JPY, EUR
Yesterday——The offshore renminbi appreciated against the US dollar and Japanese yen, but depreciated against the euro.
The offshore RMB exchange rate against the U.S. dollar appreciated significantly. As of press time, the offshore RMB exchange rate against the U.S. dollar was reported at 7.2280, an appreciation of 383 basis points from the previous closing price of 7.2663.
The exchange rate of the offshore RMB against the euro depreciated slightly. As of press time, the exchange rate of the offshore RMB against the euro was reported at 7.1046, a depreciation of 52 basis points from the closing price of 7.0994 on the previous trading day.
The exchange rate of offshore RMB against 100 yen rose sharply. As of press time, the exchange rate of offshore RMB against 100 yen was reported at 4.8200, an appreciation of 300 basis points from the closing price of 4.8500 on the previous trading day.
Yesterday——The onshore renminbi appreciated against the dollar, depreciated against the euro, and remained unchanged against the yen.
The exchange rate of the onshore RMB against the US dollar appreciated slightly. As of press time, the exchange rate of the onshore RMB against the US dollar was 7.2204, an appreciation of 76 basis points from the closing price of 7.2280 on the previous trading day.
The onshore renminbi depreciated sharply against the euro. As of press time, the onshore renminbi against the euro reported 7.0986, a depreciation of 322 basis points from the previous closing price of 7.0664.
There was no change in the exchange rate of onshore RMB to 100 yen. As of press time, the exchange rate of onshore RMB to 100 yen was reported at 4.8200, which was unchanged from the closing price of 4.8200 on the previous trading day.
According to the above data, the Asian economy and the renminbi in the world situation, although the market environment makes the foreign trade industry difficult, but contradictions and opportunities are two sides, the unique competitiveness of the international building materials market to China’s cast pipes will not decrease, as the foundry, steel, sewer pipeline industry We will have the opportunity to find it.
One of the main battlefields is us in Europe. The overall foreign trade environment is declining, but the depreciation of the RMB against the euro to a certain extent provides great opportunities for DINSEN IMPEX CORP. Recently, the European building materials market, water supply and drainage market, etc., due to the unpredictable international situation, gradually shift the focus of the pipeline procurement market to China. ood opportunity.
Post time: Oct-21-2022