Offshore RMB rose above 7.1 against the US dollar, and is expected to break "7" in the future

According to ChainCatcher, according to Jinshi, this morning, the offshore RMB rose above the 7.1 mark against the US dollar, rising to a high of 7.0995, the first time since November last year. The onshore RMB closed at 7.1163 against the US dollar the day before, up 65 points from the previous trading day, setting a new high in the day closing price since November 6 last year. Economist Pan Helin said that the key driving force for the current appreciation of the RMB against the US dollar is the expectation of the Federal Reserve's interest rate cut, and the RMB against the US dollar is expected to break the "7".