The Renminbi is strengthening! Experts believe that two-way fluctuations remain the trend.

Since 2026, the exchange rate of the renminbi has been "continuously rising". In the week before the Spring Festival, both onshore and offshore renminbi against the US dollar broke through the 6.9 yuan mark. During the Spring Festival holiday from February 16th to 20th, the offshore renminbi against the US dollar rose by a cumulative 0.06%. Experts believe that the strength of the renminbi against the US dollar is influenced by multiple factors such as favorable changes in the external environment and increased corporate exchange demand. This year, the renminbi exchange rate is likely to present a pattern of "fundamental support and market two-way fluctuations".