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The Latest Exchange Rate: What Is The Reason Behind The Loss Of RMB 7.3?

In the opinion of insiders, the reason why the offshore RMB exchange rate fell behind the 7.3 integer threshold this time was mainly affected by five factors: First, the US dollar index rebounded to 103, putting pressure on the RMB exchange rate; Second, on August 15, the People's Bank of China unexpectedly lowered the MLF interest rate, leading to further differentiation of monetary policies between China and the United States, attracting overseas quantitative investment funds to quickly bu