Today'S RMB Spot Rate Breaks Through The 6.20 Pass In One Go.

< p > since the record of last week's < a href= "//www.sjfzxm.com" > RMB > /a > 1.2%, its declining trend has been curbed today.

Today's RMB spot rate has broken through the 6.20 pass.

The renminbi closed against the US dollar (6.1959, -0.0291, -0.47%) at 6.1888, up 0.58%, up 362 points, the largest single day increase in nearly 30 months.

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Today, the central bank [micro-blog] also guided the appreciation of the renminbi. The median price of the US dollar / RMB was 6.1452, 23 lower than that of last Friday, and 6.1475 last Friday.

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< p > RMB to a href= "//www.sjfzxm.com/news/index_cj.asp" > US dollar < /a > the largest single day gain since March 2012, breaking the 6.20 pass.

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< p > RMB closed against the US dollar at 6.1888, up 0.58%, up 362 points, the largest single day increase in nearly 30 months, and 6.2250 last day.

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< p > last week was the first week of the expansion of the RMB. The central bank formally expanded the fluctuation range of the RMB exchange rate from 1% to 2% in March 17th. The performance of the RMB in the week was rather severe. Last Friday, the US dollar / RMB fell to 6.2250, and the rate of devaluation by the closing price reached 1.2%.

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< p > the RMB has been wildly depreciated by nearly 3% since February because of the weak economic data and the intervention of the central bank.

Wall Street knowledge website has mentioned earlier that Morgan Stanley estimated that the loss of "a href=" //www.sjfzxm.com/news/index_s.asp "investors" /a "only amounted to $3 billion 500 million on structured products.

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