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Wednesday, September 10, 2014
ANBOUND:A New Round of Appreciation of RMB Exchange Rate
ANBOUND

Due to the recent stabilization in the economy and the optimism of the market, RMB will be sure to regain its appreciating position. It is expected that the exchange rate will experience a slight rebound, putting an end to the former depreciation pattern and recovering the loss during the past six months. ANBOUND research team states that this year's developing trend has indicated that the RMB exchange rate has entered into a balanced range of two-way fluctuation. The enterprises should carry out exchange rate hedging and reduce foreign-exchange risk, in order to avoid the impact from wide fluctuation of the exchange rate.

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