The dollar is invisibly present in all cross-currency rates

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monira444
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The dollar is invisibly present in all cross-currency rates

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The yuan exchange rate this winter will be set at 12.90-14.50 rubles per yuan, and in the case of strong weakening factors - up to 15 rubles. In the future, the rate will depend on a combination of factors, believes the head of the sales and customer support department of Alfa-Forex Alexander Shneiderman.

"The main one, in our opinion, is the situation with the dollar, since it was the Chinese national currency that occupied the empty niche in foreign trade settlements. A clear dependence was shown by the period at the end of November, when the ruble weakened against the dollar to almost 110 rubles - the Russian currency fell against the yuan to 14.8 rubles," the expert notes.

Thus, despite de-dollarization, this global currency is still japan mobile database invisibly present in all cross rates. However, the softer the monetary policy of the US Federal Reserve and the European Central Bank (and this has been the trend in recent months), the weaker the ruble will be against the yuan, but the yuan will also fall against other currencies, explains Shneiderman.

The yuan exchange rate is the exchange rate in the Russian Federation, and countries have almost completely switched to mutual settlements in national currencies, but so far it is still not determined by the volume of the trade balance and its balance, but in fact follows the exchange rate of the US dollar and is formed, rather, as a cross rate, notes Freedom Finance Global analyst Vladimir Chernov.

“Therefore, in 2025, I expect the value of the Chinese national currency to rise to 14.5 rubles, but at some points it may exceed 15 rubles,” the analyst predicts.

Interest in the yuan will increase in 2025


The yuan has become a popular currency among Russians in recent years, and interest in it will only increase in 2025, according to economist and financial markets expert Olga Gogaladze.
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