What is the trend of the exchange rate of the US dollar against RMB (in the next month)

The next month is likely to be consolidation for the following reasons:

1. Factors of RMB appreciation against the US dollar: a. Policies need China's currency to appreciate, b. Trade is still in surplus, c. Inflation is on the rise, d. Foreign exchange reserves are still increasing

2. Factors of RMB depreciation against the US dollar: a. Capital is fleeing, and b.GDP is hard to rise, < p Judging from CNY forward futures, CNY forward is depreciating < P > The comprehensive conclusion is: consolidation.

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