RMB Exchange Rate Fluctuations Diverge Against Major Currencies Such as the Japanese Yen

PerpetualLonger · 2026-03-18T17:17:52+00:00

Recent adjustments in the RMB exchange rate have been significant, with major currencies showing differentiated appreciation and depreciation trends, while the RMB remains relatively strong overall. The US dollar, euro, and Japanese yen have depreciated noticeably, while the Australian dollar and RMB/ruble have appreciated. Overall volatility is complex, and investors should pay close attention to major currency movements.

PerpetualLonger

2026-03-18 17:17:52

Abstract generation in progress

Recently, the RMB exchange rate has experienced significant adjustments. According to Jinshi Finance data, the RMB’s performance against major currencies shows a mixed pattern of appreciation and depreciation. Most currency pairs are appreciating against the RMB, indicating an overall strengthening trend.

RMB Appreciation Dominates, USD and EUR Lead Declines

The USD/RMB exchange rate is 6.8917, depreciating by 65 points compared to previous levels, reflecting RMB appreciation. The EUR/RMB has fallen sharply to 7.9986, down by 212 points. The HKD/RMB rate is 0.88075, with a small decline of only 12.1 points. The GBP/RMB also shows depreciation, at 9.2432, with a decline of 226 points—the largest among major currencies. The CAD/RMB rate is 5.0684, down by 101 points. The CHF/RMB is 8.8476, decreasing by 250 points. The SGD/RMB rate is 5.4091, down by 46 points. The NZD/RMB is 4.0789, depreciating by 80 points.

JPY Depreciates Significantly, RUB Rises Against the Trend

The JPY/RMB exchange rate is 4.3575, down by 142 points from previous levels, indicating a clear depreciation pressure of the yen against the RMB. Meanwhile, the AUD/RMB exchange rate has risen against the trend, increasing by 271 points to 4.9036. Notably, the RMB/RUB rate has surged by 1,267 points to 11.4781. The MYR/RMB rate is 0.56915, down by 43.9 points.

Overall, RMB exchange rate fluctuations present a complex pattern, with both appreciation and depreciation against different currencies. Investors should pay close attention to the exchange rate trends of key currencies such as the yen and the dollar.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes